Induction is where it's at if you want electric. It works similar to how a transformer works. The stove makes a magnetic field that your cookware reacts to. The downside is that all your pots and pans need to be magnetic. Fortunately this is easy to test with any magnet (like a fridge magnet even).

You can get single stand alone induction burners for less than $100 if you want to try it out. Some are more powerful than others.

I've been wanting to replace my stove for a while and I still keep going back and forth between gas an induction. I still kind of prefer cooking on gas but there's some controversy about air quality and gas stoves. But I can tell you, if I don't get a gas stove... I'm gonna get an induction one.