Cost of owning and e-bike for commute

Cost of owning and e-bike for commute

This is a rough estimate for readers to get an idea of the necessary expenses. Please note that the costs may vary based on actual, real-time conditions. Tax, labour not included in price estimates.

  • Cost of an e-bike – $1500 to $4000.
  • Cost of helmet, lock, rain cover etc. – $200.
  • Cost of charging – $0.125 for 1KWh.
  • E.g., Consider a person using an e-bike to commute every day 30 km on a 48V/21AH e-bike, which gives approx. 60 km per full charge.
    • In a week, let us say the bike is charged three times.
    • So, in this case, the cost of fully charging the bike in a week is 3 x $0.125 = $0.375.
    • Consider a 20% efficiency loss during charging, so the cost per week is $0.47.
    • So, in a year, $24.3 spend on power to charge the e-bike.
    • Maintenance expenses on an e-bike (based on usage of the bike)Tire replacement – $100 to $150 (Avg every two years)
    • Brake pads replacement – $100 (Avg every two years)
    • Miscellaneous – $100 (Avg every 2 years)
  • Battery replacement
    • Lead-acid battery (depends on usage; Avg every three years) – $800 to $1200 (Based on the capacity of the battery pack)
    • Lithium battery (depends on usage; Avg every five years) – $900 to $2000 (Based on the capacity of the battery pack)
  • Although insurance is not mandatory, it is recommended to consider insurance for theft or accidents. Insurance monthly instalments are considerably lower than car insurance rates.
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