E-Bike - Rebate Program
PROGRAM OVERVIEW:
Thanks to the passage of SB22-193, Colorado has created a statewide incentive program to provide low- and moderate-income Coloradans with a rebate to cover part of the cost of an e-bike bought from a participating bike shop.
The e-bike rebate cannot be used retroactively for previously purchased e-bikes. Interested individuals need to apply for the program prior to purchasing an e-bike.
To ensure all eligible Coloradans have an opportunity to apply for an e-bike rebate, there is a pre-application period open for one week each month, and then a set number of individuals will be randomly selected to receive the rebate when the pre-application period has closed. If randomly selected applicants will receive an email asking them to provide proof of their residence in Colorado and income qualification. Once an applicant's application has been approved, they will receive a rebate via email that they can redeem at a participating retailer for a discount at the time of e-bike purchase.
The following incentive amounts are available by income tier and bike type. The equipment incentive may be used to cover the costs of a helmet and/or lock.
- Low-Income
- Standard e-bike $1,100
- E-Cargo Bike $1,400
- Adaptive e-Bike $1,350
- Equipment Incentive $100
- Moderate-Income
- Standard e-Bike $500
- E-Cargo Bike $800
- Adaptive e-Bike $750
- Equipment Incentive $100
Before you select the 'Pre-register' button please make sure you meet the income qualifications of the application type you select. There are two application types:
- Low-income: applicant: gross income equal to or less than 80% of the area-median income (based on county)
- Moderate-income applicant: gross income equal to or less than to or less than 80.1-100% of the area-median income
Pre-Registration Start date: February 12, 2024 10:00 AM (MST)
Pre-Registration End date: February 18, 2024 04:00 PM (MST)
Start date: February 19, 2024 (MST)
End date: June 01, 2024 (MST)
Special Notes:
Thank you for your interest in the State of Colorado's Community Access to Electric Bicycles Rebate Program, the program is no longer open to new applicants. The Colorado Energy Office does not anticipate receiving additional funding for the statewide e-bike rebate program in the future, the office is preparing to launch a statewide e-bike tax credit on April 1, 2024. All Colorado residents will be eligible to receive this tax credit as a $450 point-of-sale discount on a qualified e-bike purchase from an authorized e-bike retailer through 2032. You can find more information on that program here: https://energyoffice.colorado.gov/ebike-tax-credit