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Cost to run a induction cooktop (per zone) in Victoria (2026–27)

VIC reference tariff · 27.5c/kWh

$0.55 per hour at 2,000 W

Typical use (0.5 h/day, 365 days a year at 2,000 W) ≈ $100/year on the Jemena rate.

Source: ESC Victorian Default Offer 2026–27, effective 1 July 2026

Induction cooktop cost in VIC at 0.5 h/day, 365 days/year (27.5c/kWh)
Model bandPer hourPer dayPer monthPer year
Efficient (1,200 W)$0.33$0.16$5.01$60
Typical (2,000 W)$0.55$0.27$8.35$100
High (3,000 W)$0.82$0.41$12.53$150

Appliance running-cost calculator

VIC

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.

$0.55 per hour · $100/year at your settings
Per day (0.5 h)
$0.27
Per month
$8.35
Per year (365 days)
$100.27

Tariff: 27.5c/kWh — ESC Victorian Default Offer 2026–27 for the Jemena network, effective 1 July 2026. Wattage basis: Fisher & Paykel induction cooktop specifications. Full induction cooktop costs in VIC →

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 VIC?
$0.55 at the typical 2,000 W draw on VIC's reference rate of 27.5c/kWh (Jemena network). Efficient models run $0.33, high-draw models $0.82.
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 VIC's 2026–27 reference rate — change the assumptions in the calculator above.
Is the tariff here what I actually pay?
It's the ESC Victorian Default Offer 2026–27 usage rate for the Jemena network — the government reference. Your market offer may be a little under it; your zone may differ. See VIC 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.