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Colorado proves e-bike rebate programs are huge and everyone should follow suit

Almost half of Americans would buy an e-bake with a rebate like Colorado’s, making such policies low-hanging fruit for promoting exercise and battling climate change.

E-bikes already number more than 280 million, and displace four times the amount of oil as electric cars and it will only get better as America and other countries realise how easy and fun it is. The popularity of e-bike incentives will help usher in the change even faster, case in point — Colorado.

The Colorado Energy Office (CEO) has marked the success of its income-qualified electric bicycle (e-bike) rebate program, exceeding expectations with a redemption rate of 87% through December 2023. The popularity of the Colorado e-bike incentive program, especially among recipients of the low-income, higher-value rebate, has prompted CEO to implement a waitlist to allocate remaining funds and announce at least one more round of rebate applications in February 2024.

 

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