Minnesota To Provide E-Bike Rebates Up To 75% Of The Price Of Qualifying Bikes

Join each day information updates from CleanTechnica on electronic mail. Or observe us on Google Information!

This summer season, Minnesota residents can apply to get e-bike rebates which might be value as much as 75% of the price of an e-bike and sure equipment, which may go a great distance towards getting extra folks within the saddle. The state has allotted $2 million for 2024 and $2 million for 2025 to fund the e-bike rebate program.

To be eligible to use for an e-bike rebate by way of the Division of Income, the particular person should be a present Minnesota resident and a resident within the earlier tax 12 months, might not have been claimed as a dependent within the earlier tax 12 months, and should be at the least 15 years outdated. The quantity of the rebate will rely on the applicant’s earnings, so this program might be pivotal in enabling low earnings residents to buy an e-bike.

Functions for the rebates will open June fifth, 2024, on a first-come, first-serve foundation, and the state will begin issuing rebate certificates starting July 1 to these accepted. As soon as the certificates is acquired, people may have as much as two months to buy an e-bike from an accepted retailer, which can then apply the low cost on the rebate on the time of buy. The rebate certificates will likely be value as much as 75% of the worth of “eligible gadgets, as much as $1,500,” which can embody sure equipment, specifically bike helmet, lights, lock, baggage rack, basket, bag or backpack, fenders, and reflective clothes.

With the intention to qualify as an eligible e-bike retailer, an software should be submitted to the Division of Income, which will likely be out there beginning Might 1. As well as, retailers “should have been engaged within the enterprise of retail gross sales of latest electric-assisted bicycles (e-bikes) for at the least 6 months,” so no e-bike popup retailers want apply. After honoring a rebate certificates for an e-bike buy, retailers may have one month to request reimbursement.

For Minnesota residents all for getting a bit of the e-bike rebate motion, extra particulars of this system are right here, in addition to a hyperlink to a signup type to be notified when the applying course of is open.