Minnesota is starting an E-Bike Tax Rebate Program, offering $750 to $1500 towards the purchase of an e-bike. The state has allocated $2 million for the program each year in 2024 and 2025. The rebates are expected to be quickly claimed, typically within 1-2 days after the application window opens.

Applications open on June 5, 2024, at 11:00 AM, and residents of Minnesota are eligible without any income restrictions. Once approved, the rebate must be used within 60 days starting from July 1, 2024.

Our dealer, "E-BIKE EXPLORATIONS", located in Woodbury, MN, near St. Paul, has been confirmed as an officially approved retailer for this program. You can visit their store to test different bikes and learn more about the rebate details. Be sure to act quickly as the availability of tax rebates is limited and distributed on a first-come, first-served basis.

For more information and to apply for the rebate, visit the Minnesota Department of Revenue’s website: https://www.revenue.state.mn.us/electric-assisted-bicycle-e-bike-rebate.

Feel free to visit our dealer page to find more information about locations and offerings: https://vtuviaebike.com/pages/dealers.

This is a significant opportunity for e-bike enthusiasts in Minnesota to benefit from state support in making their e-bike purchases more affordable.

1. Alameda Municipal Power Service Area: Customers can receive up to $600 in rebates, depending on bike price and income level, for e-bikes purchased since July 1, 2022.
2. Bay Area - Vehicle Replacement Program: Bay Area residents may qualify for up to $7,500 towards an e-bike and bike accessories, along with a transit card, by scrapping an older car meeting specific requirements and meeting certain zip code and income criteria.
3. Contra Costa County: Residents can receive a $150 rebate ($300 if income-qualified) for a new electric bike purchase. Receipt and other details must be submitted within 6 months of purchase.
4. Central Coast Community Energy Service Area: The rebate program is now closed as of September 2022. Previously, customers could receive a rebate of between $500 and $1,000, depending on income level and e-bike price.
5. Healdsburg: Customers of Healdsburg Electric can receive up to a $300 reimbursement for bikes purchased online. Receipt and other details must be submitted within 6 months of purchase.
6. Santa Clara: Silicon Valley Power residential customers can receive a rebate for 10% of the purchase price of a new e-bike, up to $300, plus an additional $200 if income-qualified. Applications must be submitted within 60 days of purchase.

Statewide Incentive:

• Colorado Energy Office Rebate: Low or moderate-income residents can receive rebates for purchasing new e-bikes and relevant equipment. Moderate-income earners (household income between 80% and 100% of the area median income) can access a $500 rebate, while low-income earners (household income below 80% of the area median) can access $1,100. Both income groups can also receive an additional $100 rebate for equipment and an extra $300 if they choose an e-cargo bike.

Regional Incentives:

• Denver and Boulder Programs: These cities have their own rebate schemes, offering higher rebates than the statewide program. However, both programs are currently closed for applications.

• Launch Date: The program was launched in June 2023.
• Standard Voucher: Offers a $500 standard voucher for e-bike purchases.
• Additional Low-Income Voucher: Low-income residents are eligible for an additional $1,000 voucher.
• Eligibility Criteria: Residents can use the voucher to purchase an e-bike valued at less than $3,000, provided it comes with a warranty and a fire-safe battery.
• Budget Limitation: The program has an annual budget of $500,000.

Challenges and Limitations:

• Overwhelming Demand: Within days of the program's launch, they received 6,395 applications, including 5,051 applications from low-income residents.
• Limited Availability: Despite a last-minute budget increase to $750,000, the program could only provide the incentive to 500 of the low-income applicants.

Oregon doesn’t have an e-bike rebate or incentive program at the moment, but a bill has been proposed that would give a rebate worth up to $400 to residents, and up to $1,200 for low-income residents.

• Eligibility: Vermont residents with a gross income of less than $60,000 (individual filing), $75,000 (head of household), or $90,000 (joint filing) are eligible.
• Rebate Amount: Qualified residents can claim $400 for a new certified e-bike or $800 for an e-cargo bike.
• Restrictions: The incentive cannot be claimed for a bike that has already been purchased.
• Payment Method: Once the information is submitted, applicants receive a prepaid debit card, which can be used at approved retailers.

Regional Schemes:

• Details of any regional schemes in Vermont were not specified in the provided information.

In Hawaii, residents can access a rebate of up to $500 or 20% off the price of a new e-bike or electric moped. To qualify for the scheme, applicants must meet one of the scheme’s criteria. Applicants must either: not own a car; participate in a low-income assistance program; or be enrolled in a school, college or university.

Most programs focus on supporting electric bicycles that fall under the classifications of Class 1, Class 2, and sometimes Class 3. These classifications ensure the bikes are suitable for public roadways and bike paths.

There is typically a cap on the motor's power, commonly set at 750 watts, to align with federal definitions of electric bicycles and ensure safety standards.

E-bikes are often required to have a maximum speed limit, with 20 mph being standard for Class 1 and Class 2 e-bikes, and up to 28 mph for Class 3.

Incentives usually apply to new e-bike purchases to encourage more people to buy e-bikes instead of converting existing bikes or buying used models, aiming to grow the e-bike market.

Applicants often need to be residents of the state or region where the incentive is offered, tying the benefits of the program to local citizens and contributing to local environmental and traffic congestion goals.

The credit would be available to individual taxpayers who purchase a new electric bicycle that meets certain specific criteria.

Some proposals include income limitations to ensure that the tax credits are targeted towards middle and lower-income individuals, though details can vary. These limitations could potentially phase out the credit for higher-income brackets.

Purchasers might need to keep documentation of their purchase and ensure that the manufacturer certifies the e-bike meets the necessary specifications to qualify for the credit.

The Act proposes a tax credit of 30% of the cost of the e-bike, with a maximum credit of $1,500 per individual.

The credit would apply to new electric bicycles that cost less than $8,000 and are equipped with a motor of less than 750 watts. The e-bikes must fall within the classification of Class 1, Class 2, or Class 3.

The tax credit is non-refundable, meaning it can only reduce the amount of tax owed to zero and cannot result in a refund.

The credit can be used once every three years per individual taxpayer or twice every three years for a joint return involving two eligible individuals.