Building a new all-electric home powered by heat pumps is already cheaper than building with gas because you avoid the costs of gas lines and ventilation. Induction cooktops, running on electricity, are superior to gas stoves. The perceived advantage of gas stoves is pinpoint control of heat, but induction cooktops are more precise, and faster. For now, induction cooktops are generally more expensive than gas stoves. At retail, 30-inch gas cooktops generally run $500 to $1,000, while induction cooktops of that size run from $800 to $2,000.

Source: New York Times May 01, 2019 15:11 UTC