There is one method of bike riding that makes huge financial sense. That would be acctually riding a bike to get some place as opposed to using gas to carry you and 2 tons of steel to do the same.
I bike commute. During the summer I try to do it most of the time, but, in reality, it's closer to half the time. It's 25 miles round trip and it adds less than an hour to my work day. At 3.50 a gallon, I can hypermile my ranger up to maybe a tad more than 25mpg. So, it is better than 4 bucks saved.
To anyone out there that can bike commute, I really can't recommend it enough. A 12 mile ride first thing in the morning, makes the entire day go better.
As for using a bike to generate power, I can see maybe doing it to directly power a PC or laptop or maybe to recharge various batteries IF you are a geek and can make your own generator. If you have to buy anything, forget it. Electricity really is pretty damn cheap.
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