Did you know that most people spend between 41 and 57 minutes each day on cooking, according to Instacart? Those minutes add up over the days and weeks, so finding a way to make delicious meals while also cutting down on time in the kitchen is something many seek.

Luckily, you can do just that by ditching your old stove and switching to an induction stove. Best of all? According to Energy.gov, you can earn a government rebate of up to $840 for making the switch. 

Homeowners can make several home upgrades, including switching stoves, while receiving rebates or tax credits for doing so, thanks to the Inflation Reduction Act. Not only does this allow for massive savings for homeowners nationwide, but the IRA also encourages the broader adoption of innovative clean energy technologies that help keep our planet cool.

Induction ranges are one of the more impressive stove options people can switch to. These cooktops produce fewer indoor air pollutants compared to gas ranges, which is better for your family's health as well as the environment, and induction stoves offer affordability for those looking to avoid the risks associated with gas stoves. 

TCD Picks » Induction Cooking

💡Discover the induction option that’s just right for your needs and your home

See what you're missing with a single induction burner

Starting at $57

Handle whole meals with this portable plug-in cooktop

Starting at $180

Uplevel your kitchen with this 5-burner drop-in stove

Starting at $499

Go all the way with an induction range — and get an air fryer too

Starting at $1,999

Induction stoves cook more quickly and precisely than electric and gas ranges, which can end up saving homeowners serious money on their home energy bills. In fact, induction ranges are about 10% more energy-efficient than conventional ranges, per Energy.gov. Added to the reduced amount of time you'll spend in the kitchen, the savings build up, all while your home's pollution goes down. 

For those without the funds to purchase a new range or those who rent, switching to plug-in induction burners, which start at around $50, can offer the same benefits.

The only catch is that these IRA incentives may not be around forever. President Donald Trump has consistently mentioned that he would like to eliminate these and similar subsidies, so while changes to rebates for items like induction stoves were untouched in the "Big Beautiful Bill," it's best to take advantage of them sooner rather than later to save what could be thousands of dollars.

Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet.

FROM OUR PARTNER Save $10,000 on solar panels without even sharing your phone number Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area. To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner. Solar panels can save you more than $50k over their 25-year lifespan, and EnergySage can help you save as much as $10k on installation. Which begs the question — isn't that worth an email or two? Get Started

Cool Picks

How the Expedia of solar panels helps homeowners save money and avoid a common trap: 'Giving you confidence in the systems'

Homeowner easily debunks myth about solar panels one month after installing new system: 'Passive income is always welcome'

This innovative company will install solar panels on your roof with no upfront costs — here's how its business model works

Startup turns grocery shopping into an adventure with 70% discounts: 'A fun experience akin to a treasure hunt'