We've used both. Turns out we prefer electric because it puts less heat into the kitchen. And we notice that the handles on the pots and pans do not get as hot.

Do you really believe that TV is paying an electrician the same $800 that an individual homeowner pays?

Remember, they have these people on contract, installing thousands of outlets, light fixtures, running electric lines etc, etc, etc...

It's not a cost cutting measure...

Exactly!

Are those induction cook tops? Don't you need special cookware for them?

No thanks. Glass cook tops crack. I know a couple of people who had to deal with that. I can never be that gentle when I'm cooking. My gas stove grates are indestructible. I like it that way.

As someone who enjoys cooking, I would sorely miss a gas top stove. It’s needed to make the perfect omelet. A home with a gas stove was a “must” for me when moving to TV.

My mother used to cook bell peppers on the open flame of the gas stove. She would peel the black skins off the peppers after they were cooked and made a cold pepper salad with olive oil and seasonings. Oh, so good! You can not do that on an electric stove. Not sure about an induction stove but I think not. I prefer gas. I have never tried this but I'll bet you can cook marshmallows over a gas burner.

Steel pans are fine, iron based will work.
We bought new as our previous pans were non-compatible.
A lot of cookware these days is induction compatible.

Cooking alternative
 

We prefer gas stove tops, but electric ovens. Go figure......
Here is another idea. We bought a med size air fryer just to try it. We now own three of them, one of which is a larger, and more expensive, convection oven/air fryer combo.
We keep them on a movable "island" in the Lanai. We still use the gas top for pans and liquids, but we use the air fryers for cooking anything from fresh corn to prime rib. Fast, convenient, and we like the results once we got the hang of it. I'll admit it's a different kind of cooking, but we caught on to it quickly.

We have two of these from Amazon, but Walmart has a good selection: Ultrean Air Fryer, 4.5 Quart Electric Hot Air Fryers Oven Cooker with Deluxe Temperature and Time Knob, Non-Stick Basket,50 Recipes, UL Certified, 1-Y

Induction is better than and out performs anything. However, only if you do not go cheap. You need to buy Bosch in order to have the power, the size ("coil" size UNDER the glass which you can not see with your eyes), and dependability. You also must own high-quality pots and pans where a magnet will stick to the bottom. All of this gets expensive, but the cooking experience is night and day.

Gas anything makes me nervous. No such problem with electric

Gas by far a much greater control of heat almost instant temperature changes, all good cooks prefer gas cooking appliances,

Like many others I grew up with a gas stove and it took me a while to get use to cooking on electric.
Once I got use to it there doesn't seem to be much of a difference.
Though I do like that electric simply because it's easier to clean.
Your next step is to move on to sous vide less need for stove top cooking.

Gas vs electric
 

We have an electric range with an induction cooktop. It has changed my opinion on gas cooktop cooking. Immediate heat and quicker control, no smell and clean up is a snap. I have a beautiful gas range up north and dread the huge cleanup every time I cook.

And, heat up and lower heat time is slower using gas.

it depends
 

The correct answer is both. If you use gas for the cooktop, it (gas) can be instantly controlled. So cooking a can of soup on the stovetop works best with gas.
However, an oven/ convection oven works best with electric as the temperature in the oven will stay more stable than with a gas oven. and your food will be ready following the instruction on the box.
So the answer is both. A good appliance store will have these, while Best Buy or Lowes may not have these. Go to consumers Report and take a look.