Just How Much Money Can You Save Riding An E-Bike Versus Driving A Car?

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Just How Much Money Can You Save Riding An E-Bike Versus Driving A Car?
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Just How Much Money Can You Save Riding An E-Bike Versus Driving A Car? via InsideEVs

Electric bikes have proven to be a fun and efficient way of getting around town. Various e-bike brands will tout all sorts of benefits, but a lot of them claim that you can hit multiple birds with one e-bike riding stone, such as improved health, reduced emissions, and significant cost savings. All these will inevitably vary depending on the specific lifestyle you lead, so it goes without saying that concrete benefits to e-bike riding are a case-to-case-basis.

Nevertheless, it’s interesting to see just how much money one can save by simply switching over to anabout a person who clocked in close to 12,000 miles on an e-bike, and documented quite a lot about the experience. Instory, Bryn Grunwald, an associate at Rocky Mountain Institute in Colorado, has been riding her Juiced CrossCurrent electric bike since 2018. Since then, she and her partner have clocked in mileage in excess of 11,500 miles.

Bryn talks about the money she spent on the upkeep, repair, and maintenance of her electric bicycle, and shared tojust how much money she was able to save from riding her bike instead of driving her car. In the article, she stated, “My bike has a battery capacity of 624 Watt-hours and I assumed an average range of 35 miles, giving me roughly 0.0178 kilowatt-hours per mile.” Assuming an average electricity cost of 15 cents per kilowatt-hour, Bryn calculated that she’d have spent about $30.

In comparison to a car, well, as it would turn out, Bryn is also a car owner, and drives a 2010 Toyota Camry. Assuming an average mileage of 26 miles per gallon, Bryn estimates that she would have needed to spend a whopping $1,751 USD on gasoline alone to cover the same 11,500-mile distance she covered on her bike. On top of that, she estimates $1,161.50 for the car’s total maintenance costs over the five year period.

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