How much does an induction hob ring cost to run?
At the current price cap, an induction hob ring costs about 19.7p per 30 minutes on one ring, or around £61.76 a year with typical use.
Induction hob (one ring)
- An hour
- 39.5p
- A day used
- 19.7p
- A week
- £1.18
- A month
- £5.15
- Energy a year
- 235 kWh
1,500 W for 30 minutes a day, 6 days a week, at 26.32p per kWh.
Excludes the daily standing charge, which you pay whatever you use.
How it compares
Yearly cost with typical use, at your unit rate.
Induction hob ring running costs
At 26.32p per kWh, with typical use of 30 minutes a day, 6 days a week.
| Period | Energy | Cost |
|---|---|---|
| Per 30 minutes on one ring | 0.75 kWh | 19.7p |
| Per hour in use | 1.5 kWh | 39.5p |
| Per week | 4.5 kWh | £1.18 |
| Per month | 19.6 kWh | £5.15 |
| Per year | 235 kWh | £61.76 |
How the cost varies
Small 1,200 W rings to large 2,300 W rings, for 30 minutes.
| Energy use | Per 30 minutes on one ring | Per year (typical use) |
|---|---|---|
| Lower | 15.8p | £49.41 |
| Typical | 19.7p | £61.76 |
| Higher | 30.3p | £94.70 |
Cooking appliances compared
Yearly cost with typical use, at 26.32p per kWh.
| Appliance | Per hour | Per year |
|---|---|---|
| Electric oven | 52.6p | £109.79 |
| Induction hob (one ring) (this page) | 39.5p | £61.76 |
| Air fryer | 36.8p | £48.03 |
| Slow cooker | 5.3p | £21.96 |
| Microwave | 29p | £15.85 |
Ways to spend less
- Induction heats the pan directly, so less heat is wasted than on ceramic or gas hobs.
- Match the pan to the ring size and use a lid to boil water faster.
- Boost or power settings run at full power, so use them only to bring things to the boil.
How we calculate this
We take a typical induction hob ring at 1,500 watts (an average, as it switches on and off while running), used 30 minutes a day, 6 days a week, and multiply the energy it uses by the Ofgem price cap unit rate of 26.32p per kWh.
One 30 minutes on one ring uses about 0.75 kWh. Use the calculator above with your own appliance’s power and how you use it for a closer figure.
Questions people ask
How much does an induction hob ring cost to run a year?
With typical use (30 minutes a day, 6 days a week), about £61.76 a year at the current price cap, or £5.15 a month.
Is induction cheaper than gas?
Induction wastes less heat, but electricity costs about three times as much per kWh as gas. For most homes the running cost is similar, and induction is quicker.
Does an induction hob need special pans?
Yes, they need to be magnetic. If a fridge magnet sticks to the base, it will work.
Does this include the standing charge?
No. The standing charge (54.83p a day under the current cap, about £200.13 a year) is a fixed daily cost for being connected. It does not change with how much you use any appliance.
Related calculators
- Air fryer running costCosts per use and per year.
- Electric oven running costCosts per use and per year.
- Microwave running costCosts per use and per year.
- Slow cooker running costCosts per use and per year.
- Appliance running cost calculatorCompare any appliance, at your own rate.
- Energy bill calculatorYour whole yearly bill at the price cap.