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NYC Citi Bike prices increase today: Here's what it costs

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Published  July 10, 2024 8:01am EDT
Economy
FOX 5 NY

Citi Bike price hike hits Wednesday

Beginning Wednesday, it's going to cost you more to rent an e-bike from Citi Bike. FOX 5 NY's Kendall Green breaks it down and takes a look at the reasons behind the hike.

NEW YORK - Tired of price hikes? 

Here's another one. 

Citi Bike prices are set to increase starting Wednesday, the company says. 

The company says that "higher than anticipated battery swapping, insurance, and vehicle expenses," have made operations more costly than expected.

Citi says that they've partnered with Con Edison and the Department of Transportation to add more pilot charging stations.

They say a network of charging stations will reduce the need for van-based battery swapping.

"We'll continue to invest in more manual battery swapping to ensure you can find an e-bike that’s charged and available for use," Citi said in a statement. 

The increase will affect e-bike per-minute pricing directly. Annual membership, monthly membership, and day-pass prices will stay the same.

Here's what it will cost: 

Member Pricing Changes

  • No change in the Annual Membership price
  • E-bike fees will increase to $0.24 per minute.
  • Overage fees (classic and e-bike) will increase to $0.24 per minute.
  • The cap for e-bike rides 45 minutes or less that enter or exit Manhattan will increase to $4.80 (all other e-bike rides are $0.24 per minute and uncapped).

Reduced Fare Bike Share Members

  • No change in the monthly membership price
  • E-bike fees will increase to $0.12 per minute.
  • Overage fees (classic and e-bike) will increase to $0.24 per minute.
  • The cap for e-bike rides 45 minutes or less that enter or exit Manhattan will increase to $4.80 (all other e-bike rides are $0.12 per minute and uncapped).

Lyft Pink All Access

  • E-bike fees will increase to $0.24 per minute.
  • Overage fees (classic and e-bike) will increase to $0.24 per minute.
  • The cap for e-bike rides of 45 minutes or less that enter or exit Manhattan will increase to $4.80 (all other e-bike rides are $0.24 per minute and uncapped).

Non-member Single Ride

  • No change in the Single Ride Pass price.
  • E-bike fees will increase to $0.36 per minute.
  • Overage fees (classic and e-bike) will increase to $0.36 per minute.

Non-member Day Pass

  • No change in the Day Pass price.
  • No change in Day Pass overage fees.
  • E-bike fees will increase to $0.36 per minute.

The price increase only affects rides in New York City.