DENVER (BRAIN) – The city has implemented a series of discounts for the purchase of an electric bike or an e-cargo bike at participating bike shops that will take effect on Friday as part of its Climate program Rebate action.
An instant rebate of $400 will be available for an e-bike, and residents with qualifying income may qualify for a rebate of $1,200. E-cargo bike buyers will receive a $500 discount. All Class 1, 2 and 3 e-bikes are eligible – but e-MTBs are not – 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 Colorado state median income, below 200% of the relevant federal poverty level, or below at 80% of the region’s median income.”
The discount is for one e-bike per person, and the incentive cannot exceed the total purchase price, and there is no minimum or maximum purchase price.
Electric 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) of at least 400 pounds.
- An elongated frame designed to carry containers, bags, additional passengers, or has included as a standard component a luggage rack.
- Additional fixing points (front and rear) to support the addition of luggage racks, baskets, seats.
- Marketed or advertised as a “cargo” or “utility bike” beyond what would be typical of an e-bike used for commuting.
Democrats in the Colorado legislature have also proposed spending $12 million on an e-bike subsidy in next year’s state budget.