1. Minnesota residents can apply for e-bike rebates worth up to 75% of the cost of an e-bike and accessories.
2. Eligibility criteria include being a Minnesota resident, at least 15 years old, and not claimed as a dependent in the previous tax year.
3. Applications open on June 5th, 2024, and rebate certificates will be issued on a first-come, first-serve basis starting July 1st.
Minnesota residents can now apply for e-bike rebates worth up to 75% of the cost of an e-bike and certain accessories. The state has allocated $2 million for 2024 and 2025 to fund this rebate program. Eligibility requires applicants to be current residents of Minnesota, at least 15 years old, and not claimed as a dependent in the previous tax year. The rebate amount varies based on income, making it accessible for low-income residents as well.
Applications for the rebates will open on June 5, 2024, on a first-come, first-serve basis. Approved applicants will receive rebate certificates starting July 1, allowing them up to two months to purchase an e-bike from an approved retailer. The certificates will be worth up to 75% of the value of eligible items, up to $1,500, including accessories like a helmet, lights, lock, and reflective clothing.
Retailers interested in participating must submit an application to the Department of Revenue and have been selling e-bikes for at least 6 months. After honoring a rebate certificate, retailers have one month to request reimbursement. For those interested in the program, more details and a signup form for notifications are available on the CleanTechnica website.