Up to $1,400 in Tax Rebates 2023 for E-Bikes in Colorado— See Who Qualifies!

Up to $1,400 in Tax Rebates 2023 will be distributed in Colorado for e-bikes and cargo e-bikes. In this article, read and find out who will qualify for the tax rebates!

Applications for the Tax Rebates 2023 in the city of Boulder in Colorado will be opening in 6 days, on July 6. Thereafter, the residents will have only thirteen days until July 19 to apply for the vouchers that intend to reduce the price of e-bikes and cargo e-bikes.

According to Johnson, all residents of Boulder who own regular e-bikes can apply for the Tax Rebates 2023 vouchers worth $300, while those who own cargo e-bikes can apply for $500 rebates. On the other hand, applicants whose incomes are eligible can receive $1,200 for e-bikes and $1,400 for cargo e-bikes. In addition, applicants can receive an additional $200 for other bike-related purchases such as helmets.

READ ALSO: Up To $1,500 E-Bike Rebate Program In North Carolina: See If You’re Eligible!

Who will qualify for the Tax Rebates 2023?

According to Anastasio, to be able to qualify for the Tax Rebates 2023, an applicant whose income is qualified must earn a household income less than 80% of the area median. This suggests that a household with one member must earn less than $66,700 to be eligible.

Reportedly, the funds for the Tax Rebates 2023 will come from the city’s newly administered Climate Tax which is expected to raise $6.5 million every year. In July, applicants will be selected randomly via a lottery. Once chosen, recipients can present the vouchers at e-bike dealers to redeem the discount.

READ ALSO: Newsbreak: Hawaii Offers $500 Rebate For E-Bike And Moped Purchases, Boosting Green Energy!