Purchase or Renew Annual Memberships at Current Rate until April 30, 2015
Today, the participating Capital Bikeshare jurisdictions (District of Columbia, Arlington County, City of Alexandria and Montgomery County) announced the approval of the proposed price increases for membership. These increases are the first since the program started in 2010. Effective May 1, 2015, the membership pricing structure will be as follows:
*Trip usage fees remain unchanged.
The pricing structure change derives from a review of public comments made at the Capital Bikeshare Open House held on January 28, 2015, and through email comments received through February 15, 2015 to Capital Bikeshare. The revenue received from the price change will be used to offset increases in labor costs and costs associated with expansion from the original 114 stations that opened in September 2010 to nearly 350 stations throughout the region today.
Because of this additional revenue, Capital Bikeshare will also be able to implement new techniques to improve the availability of bikes and empty docks at stations, otherwise known as “rebalancing.” This will include experimentation with bike corrals in high-ridership areas during peak usage hours, improved data analysis for operations management, and future expansion of the system to underserved regions of the Capital Bikeshare service area.
Individuals can purchase new or renew annual memberships at the current rate of $75 until April 30, 2015.
In addition to the price adjustments, Capital Bikeshare will also be removing the $101 authorization hold placed on credit/debit cards used to purchase short term memberships at stations, also effective May 1, 2015. This change will reduce the barriers to entry for those interested in gaining access to the bike share program. Combined with options for reduced price memberships through partnerships with Bank on DC, Montgomery County’s JARC program for low-income residents and Arlington County’s cash payment program, Capital Bikeshare remains committed to accessibility for all who wish to join.