Cyclists, get ready to roll: The state’s online application for e-bike rebates goes live at 11 a.m. Wednesday.
Rebates toward buying an e-bike are available up to $1,500 depending on an applicant’s income, and applications will be reviewed on a first-come, first-served basis, according to the Minnesota Department of Revenue.
E-bikes, or electric bikes, are equipped with rechargeable electric motors to assist cyclists with pedaling. Prices generally range from $600 to $2,500, or more.
A handful of states offer e-bike rebates. Minnesota’s online rebate system will stop accepting applications once it receives 10,000 requests. Here’s the application, and here’s a YouTube video instructing people on how to apply.
Those who qualify and receive a rebate certificate must buy their e-bike from an eligible retailer. As of Monday, more than 190retailers across the state qualified for the program, most of them individual retailers or small chains.
Discounts range from 50% to 75% off the cost of the e-bike and qualifying accessories, depending on the applicant’s income. The value of the rebate cannot exceed the price of the e-bike.
The Department of Revenue encourages applicants to familiarize themselves with the process before applying. There’s a handy income calculator on the department’s website that calculates how much of discount you can potentially get through the program.
Applicants must be at least 15 years old, a Minnesota resident this year and in 2023, and provide their date of birth, Social Security number, tax filing status and adjusted gross income in the previous calendar year, which is found on line 1 of Minnesota tax form M1, or line 11 of federal form 1040.
