Induction cooktop discounts

are around 3 times more efficient than gas cooktops, driving down bills and emissions
are also far healthier, as they avoid emissions of harmful contaminants that cause respiratory illnesses and symptoms
are favoured by a growing range of professional chefs. Induction cooktops heat with more precision, cook quicker, and provide greater temperature control.

Cooktops also promote cooler kitchens. The cooktop surface only heats when a pot or pan is present. This contains the heat to the cookware and not in the surrounding environment.

Finally, they are easier to clean, normally only requiring a simple wipe-down.

Gas cooktops and ovens are often the last gas appliance in a house to be replaced. Removing them may allow a home to become gas free.

This means the annual gas network connection charges could be permanently avoided. This may save around $350 to $400 yearly on fixed network charges, in addition to lower energy cost for cooking.

Supporting Victorian households to transition to induction cooktops also lowers the risk of Victorian children developing respiratory conditions such as asthma.

Eligibility

To be eligible to purchase a discounted induction cooktop through the Victorian Energy Upgrades Program, you must:

have an existing gas or LPG connection at your home - you will need a gas bill or LPG invoice issued to your address within the past 3 months as evidence
have a home that was built at least 2 years ago
have not already claimed an incentive
purchase a specified product between 25 October 2024 and 25 October 2025.

Living in a rental property?

If you’re living in a private rental property, you are still eligible to receive a discount on one induction cooktop. We recommend that landlords and tenants work together when doing any upgrades to a rental property.

How to choose your new induction cooktop

It is important to choose an induction cooktop that is a suitable size for your household. Every household and kitchen bench is unique, and this impacts what cooktop size is appropriate. High power induction cooktops can heat much faster than a gas cooktop, and quality products may offer better control at certain temperatures.

We recommend reviewing our guidance to help you choose the right induction cooktop for your home.

VEU induction cooktop factsheet

We have created a useful factsheet to assist you in using an induction cooktop. This factsheet will also be made available to you when purchasing an induction cooktop from an approved retailer under the VEU program.

VEU induction cooktop product list

To be eligible for incentives, the induction cooktop or freestanding induction stove must be on the specified induction cooktop product list.

Key steps when purchasing an induction cooktop

To get a discount on the purchase of an induction cooktop you must:

Find an approved product. Check the product list above to see what brands and models are eligible for a discount.
Select an accredited provider to arrange the incentive. Check below for a link to a list of accredited providers. They offer different incentives, products, services, and costs, so get a few quotes.
Work with an accredited provider to receive your incentive.

Please note that your purchase of an induction cooktop must involve an accredited provider to receive a discount.

How much discount you can expect

Incentives of up to the following amounts are available for the average household:

To be purchased	Indicative discount*
Induction cooktop or combined induction cooking product	$140 per product

*This figure is based on a certificate price of $70.

The final purchase price of the appliance, which includes the discount, is up to the accredited provider and will depend on several factors, including:

certificate price (which fluctuates)
location
appliance costs
the accredited provider’s administrative costs.

For more information on the certificate price under the VEU program, please see Victorian Energy Efficiency Certificates (VEECs).

Working with accredited providers

An accredited provider is:

any business that is approved to deliver or facilitate installations in the VEU program
responsible for helping you get a discount on an induction cooktop through the VEU program.

Accredited providers will be able to explain:

the steps to take part in the program
the types of products you can purchase to get a discount

How to check if a person or business is accredited under the VEU program

Go to the Essential Services Commission’s Registry of Accredited Persons:

select the 'Business Name' drop-down menu
scroll until you see the accredited provider you are searching for.

Finding an accredited provider

Go to the Essential Services Commission’s Registry of Accredited Persons:

in the 'VEEC Activity Types' drop-down menu, select 'Induction Cooktop'
in the 'Region' drop-down menu, select your location
Click on the 'Search' button.

Can't find an accredited provider in your area?

Please note that as VEU is a market-based program:

not all accredited providers listed above will necessarily be offering induction cooktops at present
accredited providers can choose when and where they undertake upgrades.

Page last updated: 01/11/24