The government is practically giving away this innovative cooking appliance – here’s why it could help you save on your monthly energy bills

Induction hobs are one of the most popular trends in household appliances. They save users money and make kitchens safer, and the government is making it easier than ever to afford them. Now could be the perfect time to get yours.

Since the Inflation Reduction Act was signed into law in 2022, Americans have applied for more than $8 billion in incentives for residential clean energy retrofits. There’s a lot more money available, and you could reclaim some of it when you upgrade to an induction cooktop.

The rebate amount is up to $840 for an Energy Star certified electric range, stove, oven or oven. Rebate programs are only available in some states so far, but they continue to roll out.

To check if you’re eligible for this discount, you can use tools like Rewiring America’s Incentive Calculator. Using the nonprofit’s free tool, you can get information about incentives and helpful customer services to answer your remaining questions.

These innovative stoves are energy efficient, transferring up to 85% of their energy, according to government websites. It is up to three times more efficient than a gas stove and up to 10% more efficient than traditional electric stoves.

Greater energy efficiency means lower energy bills and big savings in the long run. This appliance is also safer for consumers. There is no open flame and the surface is unlikely to become hot outside of the cooking area below the pot or pan.

Compared to gas cooktops, induction cooktops are also safer because of their lack of methane output. This toxic gas worsens indoor air quality and contributes to our planet’s temperature rise, as well as harming human health and the environment.

With so many benefits, induction cooktops are a great option to upgrade your current gas or electric stove. If a full four-zone cooktop isn’t for you, there are smaller options available to fit any budget.

Portable induction burners from brands like Duxtop are an easy and affordable solution to avoid the dangers of gas stoves, upgrade to faster cooking and save money.

If you want to make more green energy upgrades and get cash back from the government, IRAs also offer tax credits and rebates for other great products.

Getting an electric vehicle could net you up to $7,500 in tax credits. Homeowners who install solar panels can get up to 30% of the installation cost back from the government. Those purchasing a heat pump could also receive up to 30% of the total purchase and installation, up to $2,000.

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