Prices can easily balloon into the several thousand-dollar range. Sure, there are plenty of very nice electric bikes out there. Lectric XP Step-Thru Is a low-cost electric bike the answer? For example, a woman in San Francisco calculated that over seven years, she saved $50,000 by switching to an electric bike. Some have even given up cars altogether in favor of e-bikes, saving tens of thousands of dollars.
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Many people have taken advantage of these savings by transforming from two-car families to one car and one e-bike families. Then consider the savings in parking fees, insurance, car payments, wear and tear on the car, etc.
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If you’re an urban commuter and you drive a 5-mile commute, you could do it on an electric bike for the cost of just one sticky penny wedged in the bottom of your car’s cupholder. Considering a US national average electricity price of $0.10 kWh and an average e-bike efficiency of around 20 Wh/mile, that works out to roughly $0.002 per mile, or 5 miles for one cent of electricity. You likely won’t even notice a difference in your electricity bill from owning an electric bike – they simply barely use any energy.ĭon’t believe me? Here’s the math. That’s because it is ridiculously cheap to charge an electric bicycle, and they are ridiculously efficient. Depending on your car, that might take you anywhere from 20-50 miles.īut on an electric bike? That same US $4.32 will take you over 2,000 miles. The US national average gasoline price per gallon was US $4.32 today. But sometimes you just need to get to work quickly, and that’s where a low-cost e-bike with a hand throttle can be a nice alternative. Pedaling is great for exercise, and it’s awesome that e-bikes provide that option. While most e-bikes have a pedal assist feature that gives you a helpful push while you provide a portion of the pedaling, many (at least in the US) also have hand throttles that allow them to be ridden like mopeds, no pedaling required.
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But electric bikes have seen huge success convincing drivers to make the switch to two wheels.Į-bikes basically take the pain out of cycling, turning a long and arduous bike ride into a shorter, faster, and funner joyride. Go for it! But the simple fact is that very few car commuters have the patience or physical stamina to trade their car commute for a pedaling slog on an old-school 21-speed.
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Look, if you can pedal for your entire commute, that’s awesome. But if you weren’t already aware, there’s a much more practical alternative to conventional pedal bikes: fun and energy-efficient electric bikes! Now more than ever, with gas prices rising steeply and uncertain fuel prospects on the horizon, perhaps it’s time to give an electric bike a second thought. The whole “Don’t like gas prices? Ride a bike!” sounds annoying and feels impractical for most people.