Vees and FOTILE's 1 electricity consumption is about the same, no such thing as save electricity. It does save electricity as the hob will automatically turn off when it reach certain temperature than turn back on by itself when temperature drop at cut in point. This is more to safety feature not energy saving which both FOTILE and Vees also have.

Induction is usually more energy saving, if u look at the catalogs, inductions usually require 13-15amp only. While ceramic hob 20amp.

If you are using gas and wanna switch to induction, you will notice that most of your pots/wok cant b used on induction, so you will need to get new one's. This is why most people hate to get induction and demand for it is low, so FOTILE discontinued their induction hob and replace with ceramic. However, induction is more efficient and energy saving.