Freestanding ranges with induction tops can be more expensive than traditional electric or gas ranges for a few reasons:
Technology: Induction technology is still relatively new compared to traditional electric or gas ranges. The technology used in induction ranges is more complex, and therefore, more expensive to produce.
Materials: Induction ranges typically use specialized materials, such as ferromagnetic cookware, which can be more expensive than traditional cookware.
Manufacturing process: The manufacturing process for induction ranges is more complex and requires specialized equipment, which can increase production costs.
Brand recognition: Some of the induction range brands are well-established and are known for their high-quality products, which can command a higher price. These brands often have a reputation for producing long-lasting and reliable products, which can be worth the extra cost for some consumers.
Limited production: Induction ranges represent a smaller market share than traditional electric or gas ranges, which can lead to higher costs for manufacturers. This is because the production quantities are smaller, and the economies of scale are not as large.
Legacy kitchenware is not compatible with induction tops.
Additionally, with the increasing concern about air pollution and the health risks associated with it, regulations may change in favor of fully electric ovens. Gas stoves are a source of air pollution in homes, and there is a growing push for electric stoves, which don’t produce any emissions, to be used in households. As regulations change and the demand for electric stoves increases, the cost of induction ranges may decrease, making them more affordable for consumers.
In conclusion, freestanding ranges with induction tops can be more expensive than traditional electric or gas ranges due to the technology used, the materials needed, the manufacturing process, brand recognition, limited production and the growing push towards electric stoves as a healthier alternative. However, many users find that the benefits of induction cooking, such as energy efficiency and faster cooking times, make the added cost worth it. As regulations change, the cost of induction ranges may decrease, making them more affordable for consumers.