There’s a lot to love about riding a motorcycle, especially the incredible feeling of absolute freedom of flying down a particularly beautiful stretch of highway. In fact, a truly diehard biker might even describe the whole experience as good for the soul. However, motorcycles aren’t necessarily as good for the planet, so it makes sense for the environmentally conscious among us to at least consider going electric, especially when you hear about the associated tax incentives.
Thinking about making the switch to electric is one thing though. Actually doing it is another. Is it worth your while to make the transition yourself? Are electric motorcycles as rewarding to ride as the traditional models we’re used to? Is the electric motorcycle tax credit a real thing, and how can you take advantage of it? Let’s take a closer look at the answers to those questions and more.
Are There Really Tax Benefits to Going Electric?
The federal EV tax credit isn’t just wishful thinking. It’s a very real incentive offered by the federal government to help take the edge off the up-front costs for consumers willing to make the switch. (Some U/S. states also offer a similar break, so be sure to look into whether or not yours is one of them.) The exact amount of the tax incentives in question vary from vehicle to vehicle, but the general range falls between $2,500 and $7,500 per new electric vehicle purchased for U.S. use. That’s far from chump change!
It’s important to note that the federal EV tax credit isn’t a permanent state of affairs though. It will only remain in full effect until 200,000 qualifying electric vehicles have officially been sold by each manufacturer of said vehicles. At the time of this posting, that limit hasn’t been reached by any of the manufacturers in question, so you definitely still have time to act. To claim your benefits, simply obtain, fill out, and return IRS Form 8936. That’s it!
What Are the Advantages of Going Electric?
Of course, tax breaks are always a good thing, but do fuel efficient motorcycles bring anything else to the table? Even with the electric motorcycle tax credit, electric bikes tend to be pricier, so it makes sense to make sure you’re getting your money’s worth before you finalize your decision. The following are just a few of the many advantages of going electric, so get ready for your life as a motorcycle enthusiast to get a lot easier.
Speed and Power
If you’re like many riders, half the point of riding a motorcycle is the thrill of speeding down the highway on the back of a powerful machine that makes your feel invincible. That said, you’ll be happy to hear that electric bikes on the whole are very fast. In fact, the current Pikes Peaks hill climb records were set by electric vehicles!
Electric bikes are downright excellent when it comes to acceleration as well, as they feature instant maximum torque. You won’t experience that surge-like sensation you’re used to in your traditional fuel-powered bike, but know that it’s because electric bikes deliver power in a more linear fashion. It’s not because they’re any less powerful.
Save More Money
The initial costs of making the switch to an electric bike may be a little steeper than you’d like, but with long-term use, you’ll save money on commuting in a big way. For one thing, those sky-high gas prices will no longer be such a big problem for you. The actual numbers will vary from person to person, but some electric motorcycle enthusiasts report weekly commutes that only cost them a few dollars, as opposed to the $50-75 fuel used to cost them.
Spare the Environment
Traditional fuel-powered motorcycles are notorious for creating large amounts of pollution. In fact, standard fuel-powered motorcycles collectively generate around 16 percent more smog than standard cars do, so switching to electric is definitely a good move for those looking to live cleaner, greener lives and reduce the negative impact their transportation of choice has on the planet.
Electric bikes don’t contribute as much to sound pollution either. Yes, there’s something we diehard bikers love about the way a fuel-powered engine roars, but our fellow drivers probably don’t feel the same. That said, if your neighbors have ever complained to you about the noisiness of your bike, you’ll be relieved to know your new electric replacement will be super quiet in comparison.
Some manufacturers, like Harley Davidson to name just one, even choose to artificially add noise to their electric bikes to ensure the safety of others out there on the roads. That’s how quiet electric bikes are as a collective – so quiet it can be hard to hear them coming at all.
Ease of Maintenance
Traditional vehicles, bikes included, generally require quite a bit of maintenance if they’re going to remain in tip-top working condition. Spark plugs, oil tanks, timing belts, and air filters all need to be checked on the regular. An electric bike, on the other hand, doesn’t have any of those parts, so that’s quite a few items you can scratch off of your running maintenance list altogether.
If you actually enjoy the act of maintaining your bike, don’t despair. You’ll still have to check and maintain your tires, brake pads, and brake fluid. However, you’ll be happy to learn your brakes will stay in good working order a lot longer than you’re used to, as an electric bike’s motor takes a lot of the pressure off of them. In other words, you won’t just save money on commuting. You’ll save a fortune on the time and money associated with repair and maintenance costs as well.
As you can see, there are a lot of reasons to invest in an electric bike, and the potential tax breaks are only one of them. Definitely do your homework to make sure you choose the right option for you. Explore more of the potential perks and learn more about motorcycle fuel economy in general as you continue to explore the wide, wonderful world of electric bikes as well.