Following Denver’s popular e-bike rebate program, Colorado will soon launch the largest statewide e-bike rebate program in the United States.
The Colorado Energy Office on Thursday announced details on how the rebates will work with details on how to apply, which differ slightly from Denver’s schedule.
The new e-bike rebate program will be supported by $6.6 million in funding, the CEO said in a statement.
Low-income residents are eligible for a minimum rebate of $1,100 from qualifying retailers and there will be a rebate of $500 for moderate-income Colordans who qualify.
Income requirements will be determined by the number of people and household income based on the Regional Median Income (AMI) by county.
Cyclists who wish to qualify for a low-income e-bike discount will need to show a household income below 80% of the area median income.
To qualify for the moderate-income discount, Coloradans will need to indicate a total household income between 80% and 100% of the AMI.
This link shows the region’s median income by county in Colorado.
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Colorado’s new e-bike rebate program also includes $100 gear incentives to help cover the purchase of a helmet and lock, the CEO said.
There will also be a $250 voucher for an adaptive e-bike for low- and moderate-income Coloradans.
How Colorado’s Electric Bike Rebate Voucher Program Will Work
Starting in mid-August, the Colorado Office of Energy will open an application period for one week each month on the state’s website.
At the end of each week, e-bike discount vouchers will be randomly selected and applicants will receive the voucher.
Specific application periods have yet to be announced, but the state recommends those interested sign up for email updates when the program launches later this summer.
Discounts are available for new e-bikes and once the voucher is received it can only be used by the claimant and not resold, the CEO said in a statement.
Colorado e-bike discounts will not be available for previously purchased bikes.
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Vouchers can be used at qualified e-bike retailers in the state and the CEO is asking bike dealers to apply as a participating retailer.
As for the Denver program, more than 5,500 e-bike vouchers have been redeemed since the program began in 2022.
Denver residents can still apply for Colorado’s new e-bike rebate program, but state and city vouchers cannot be combined on an e-bike purchase, the state said.
The dates for Denver’s next e-bike rebate vouchers for 2023 are as follows:
- tuesday july 25
- tuesday september 26
- tuesday november 28
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