DENVER (BRAIN) — The city has established a series of rebates for the purchase of an e-bike or e-cargo bike from participating bike shops that goes into effect on Friday as part of its Climate Action Rebate program.
A $400 instant rebate will be available for an e-bike, and income-qualified residents might be eligible for a $1,200 rebate. E-cargo bike buyers will receive a $500 rebate. All Class 1, 2, and 3 e-bikes are eligible — but not e-MTBs — if purchased from one of the following bike shops: Hardt Family Cycleries, Elevation Cycles, Good Turn Bikes, Fatte-bikes, SloHi Bikes, ebikes USA, Pedego Denver, Epic Cycles Denver, HUB Bicycles, and REI.
Qualified residents must be at least 16 years old. Income-qualified residents must be enrolled in one of seven programs or "have a household income below 60% of the state of Colorado's median income, below 200% of the relevant federal poverty level, or below 80% of area median income."
The rebate is for one e-bike per person, and the incentive can't exceed the total purchase price, and there is no minimum or maximum purchase price.
E-cargo bikes must have an extended frame to carry additional people or cargo, and have three of the following:
- A published total weight capacity (rider, bike, cargo) rating of at least 400 pounds.
- An extended frame designed to carry additional containers, bags, passengers, or has included as a standard component a cargo rack.
- Additional attachment points (front and back) to support the addition of racks, baskets, seats.
- Marketed or advertised as a "cargo" or "utility bike" beyond what would be typical for an e-bike used for commuting.
Democrats in the Colorado legislature also have proposed spending $12 million on an e-bike subsidy in next year's state budget.
