Hey, I moved into an apartment with an old electric GE range. According to the label inside the oven the oven is using 10.2 kW and the cooking plates are using 8.6 kW. I mean, this is amazing. I saw that portable induction cooktops like Max Burton and Fagor are using only 1800 W (1.8 kW). This is less by five compared to my GE range.So my electric consumption will drop by five too, is that thinking correct? I'm paying now for a hour of cooking about $ 1.10, with an induction cooktop I would pay about $ 0.25. So if I invest about $ 100 I will move into the win zone after 100 hours of cooking. I live alone and do cooking mostly instead of baking, but bake or broil meals about one or two times a week. In my conclusion there is nothing to lose by getting a portable induction cooktop. What are you thinking? - Eugene PS: Induction compatible cookware is available.