Induction ranges may be overrated. Sure, they are "more efficient" than gas in the sense that more of the energy goes to your cooking. The problem is that electricity is far more expensive than gas (at least where I live in central Ohio). Therefore, you will see a big jump in your energy bills than with gas. I speak from experience. My year-to-year electric bill went up for the month of June by $15 between 2012 and 2013 after we installed an induction range in the beginning of June, 2013 (June 1st, to be exact). This is in spite of lower temperatures by an average of 3 degrees, and in addition to having replaced ALL windows last December with double-pane types in lieu of the inefficient single-pane windows we had.

Another plus for gas is that using gas in winter assists in heating your dining area if it is open to the kitchen as several homes in the U.S.

The deal breaker may be different from person to person, but, for me, gas is much less expensive and, thus, preferable. As mentioned in a previous post, gas is also available in cases of power outage. Induction is much better than "standard" electric, though.

In summary, if operating cost is your biggest concern, here is how they rank:

1 (Least expensive) - Gas

2 - Induction

3 - Electric