Credit Crunch and the Electric Cycle

I found this post over at the electriccyle.org - it's a great post which talks about the economics of scaling back on using your car, and how to reduce your expenses in these tough economic times. For many people using an electric bicycle just might be the answer as a smart means of transportation, not to mention the environmental benefits:





With the on going saga of the world wide credit crunch and banks failing left, right and centre, people are looking to cut their costs down significantly. Enter in the electric cycle.
An electric cycle is about the most economical method of powered transport that you can get. The only thing left after an electric bike would be to forget the motor and just buy a normal cycle. But that takes effort. By cutting down on unnecessary car journeys you’re going to not only save a large amount of money due to less fuel usage but also from the reduced wear and tear on your vehicle. And around town that is significant.
In town you will be surpriised how much time you will save by using an electric cycle. You can get right to the front of every set of trafic lights, use cycle lanes (so long as you pedal on those) oh, and also check your own local laws about that! That time saved can be used for more worthwhile activities like drinking tea, relaxing, chatting…or even working.
The cost of running an electric cycle is so low that it’s hardly worth mentioning. It’s literally just a few pennies a day worth of electricity. And if you have a kindly employer you can save most of that by charging it up at work.
So, it makes a lot of sense to reduce or even eliminate one of the major expenses in any household; that of transportation. If you find that your car use has reduced significantly, then why not entertain the idea of getting rid of the car all together. If you work out the annual expenses of keeping a car and compare that to usuing an electric cycle and hiring a car for the times when you really need one, you may be astonished at the amount of money you will save. You will wonder why you didn’t get rid of the car ages ago.
Last, and only last as this post is about saving money, the environmental impact of an electric cycle is a very positive one. Less CO2 emmisions, less heat generated, little noise pollution, saves space, abnd that’s just to sart with. I’mn sure you can think of more.
This could be you …