Cost is one of the significant advantages that an induction cooktop has over a gas stove. While there is an upfront cost involved in switching your cooktop, the cost of running the induction cooktop long-term will leave you significantly ahead. Transitioning all home appliances away from gas, including those used for cooking, heating, and hot water, will lead to significant long-term savings. When you no longer rely on gas, you can stop paying a daily supply charge (yes, you pay a daily connection fee!) which could save you up to $300 per year. Plus, your benefits continue to stack up if you already have rooftop solar.