Dan, I am a real newbie and did not want to commit right away to propane and working outside. So I use the glasstop electric range. I will probably spend more as I get into the hobby. As in other hobbies, I see no reason to spend much up front except for the critical items, an accurate hydrometer and thermometer.
I think the largest element on my electric range is 2000W. It heats water sufficiently fast. Four gallons rises from 70F to 160 F in about 30 to 40 minutes. That time does not matter because there is no grain. A second pot contains a gallon or so of boiling water to dump in and quickly attain mashout of 170F. Then it crawls up to a boil.
I tested the range and it can heat 30 quarts from 70F to 212F in over an hour. Snore. But, if I can maintain
mash temp, it is not important to quickly reach that temperature
A quality pot is not a must-have. It is nice, but I think one can create fine product without it. I make no apologies for not spending bucks on equipment like pots and burners.
-- edit --
Somewhere there is a calculator for how many watts to heat water. It predicted my heating times fairly well.