Denver’s extraordinarily common e-bike rebate program is again with restricted purposes opening later this month.
As much as 860 rebate vouchers might be obtainable beginning at 11 a.m. Jan. 31, in response to a Denver Office of Climate Action, Sustainability and Resiliency news release.
Denver residents can save $300 off the value of an e-bike and an income-qualifying rebate can save eligible residents $1,200 off the acquisition worth, in response to the discharge. Buy of an e-cargo bike provides $200 in financial savings to each the usual and income-qualified vouchers.
“E-bikes are an efficient and reasonably priced manner for individuals to maneuver concerning the metropolis and to satisfy our metropolis’s bold local weather motion targets,” Mayor Michael B. Hancock mentioned within the launch. “This program confirmed there was a need in our neighborhood for brand new, sustainable mobility choices, and I’m excited to see the e-bike rebate program develop and proceed to evolve our residents’ transportation habits.”
In September, 600 e-bike rebates have been snatched up by Denver residents in below ten minutes.
Within the 2022 program, 4,734 e-bike rebates have been redeemed, and a couple of,330 of the rebates went to income-qualified residents, metropolis officers mentioned. A Denver survey of e-bike voucher customers discovered that e-bikes are altering the way in which individuals transfer across the metropolis.
- On common, e-bike customers experience 26 miles per week with 22 of these miles changing automobile journeys.
- On common, income-qualified residents experience their e-bikes greater than normal rebate recipients — 32 miles weekly vs. 22 miles weekly.
- 71% of survey respondents mentioned they’re utilizing gas-powered automobiles much less usually.
- 96% of respondents mentioned the voucher made the distinction when deciding to purchase an e-bike.
- E-bikes within the rebate program are changing on common over 100,000 automobile miles weekly.
Elevated gross sales competitors due to the rebate program has dropped the typical worth of an e-bike in Denver from $2,600 to $2,100, in response to the discharge. In 2023, the town will shift to an 11 a.m. launch window to assist residents with out residence web to extra readily entry Denver Public Library branches to make use of the applying portal.
Additionally in 2023, CASR is earmarking 600 rebate vouchers for residents of Denver’s NEST communities. This system this 12 months is including Angeltech Cycles and Any and All Bikes to the record of participating bike shops. Each supply adaptative e-bikes for individuals with disabilities.
Tentative rebate releases in 2023 might be held on Tuesdays on the next dates: Jan. 31; March 28; Might 30; July 25; Sept. 26; and Nov. 28.