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Cost to run a induction cooktop (per zone) in Australian Capital Territory (2026–27)

ACT reference tariff · 37.0c/kWh

$0.74 per hour at 2,000 W

Typical use (0.5 h/day, 365 days a year at 2,000 W) ≈ $135/year on the Evoenergy rate.

Source: ICRC retail electricity price recalibration 2026–27 (ActewAGL standing offer), effective 1 July 2026

Induction cooktop cost in ACT at 0.5 h/day, 365 days/year (37.0c/kWh)
Model bandPer hourPer dayPer monthPer year
Efficient (1,200 W)$0.44$0.22$6.74$81
Typical (2,000 W)$0.74$0.37$11.23$135
High (3,000 W)$1.11$0.55$16.85$202

Appliance running-cost calculator

ACT

Induction cooktop: 1,200–3,000 W typical range.

15–45 min per session per zone; a whole 4-zone cooktop flat-out can exceed 7,000 W but cost is modelled per active zone.

$0.74 per hour · $135/year at your settings
Per day (0.5 h)
$0.37
Per month
$11.23
Per year (365 days)
$134.88

Tariff: 37.0c/kWh — ICRC retail electricity price recalibration 2026–27 (ActewAGL standing offer) for the Evoenergy network, effective 1 July 2026. Wattage basis: Fisher & Paykel induction cooktop specifications. Full induction cooktop costs in ACT →

The same appliance in other states

Cutting the cost

Induction is the most efficient cooktop because it heats the pan directly and wastes little to the air. Match the pot to the ring size, keep a lid on to hold the heat, and use the boost setting to bring water up fast, then ease it back. Flat, magnetic-based cookware couples best. Because it responds instantly, you can turn it down sooner than you would a gas or radiant hob.

Frequently asked questions

What does a induction cooktop cost per hour in ACT?
$0.74 at the typical 2,000 W draw on ACT's reference rate of 37.0c/kWh (Evoenergy network). Efficient models run $0.44, high-draw models $1.11.
How is this calculated?
Watts ÷ 1,000 × the tariff = cost per hour, then × hours × days for the period figures. Every figure on this page uses ACT's 2026–27 reference rate — change the assumptions in the calculator above.
Is the tariff here what I actually pay?
It's the ICRC retail electricity price recalibration 2026–27 (ActewAGL standing offer) usage rate for the Evoenergy network — the government reference. Your market offer may be a little under it; your zone may differ. See ACT rates by zone.

Related

Sources — figures current as at 17 July 2026.

15–45 min per session per zone; a whole 4-zone cooktop flat-out can exceed 7,000 W but cost is modelled per active zone.