Minnesota Department of Revenue offers an Electric-Assisted Bicycle (e-Bike) Rebate program
If you’re interested in e-bikes in Minnesota, there’s good news. Starting July 1, 2024, the Minnesota Department of Revenue offers an Electric-Assisted Bicycle (e-Bike) Rebate program1. Here are the key details:
- Rebate Amount: You can receive a discount of up to $1,500 on a qualifying e-bike.
- Income-Based Discount: The rebate value depends on your income, covering 50-75% of your qualifying expenses.
- Application Process: Both individuals (buyers) and retailers must apply to the Minnesota Department of Revenue to participate in the program.
- Total Rebates: The program has a total budget of $2 million per year in 2024 and 2025.
For more information, including a list of approved retailers and a rebate calculator, visit the Minnesota e-Bike Rebate webpage1. Happy cycling! 🚴♂️