The state says starting in 2025, they will be able to reimburse businesses on a quarterly rather than annual basis.
Prospective e-bike buyers in Colorado may not be able to take advantage of a state rebate program at many of their local bike shops, reports Sam Brasch for Colorado Public Radio.
Some bike shops are opting out of the program because they don’t get reimbursed for the $450 point-of-sale rebate until they file their taxes. “A list assembled by the Colorado Energy Office shows only 24 bike sellers are guaranteed to honor the rebates. That means residents could struggle to redeem the discount at local bike shops and major online retailers after the program launches next week,” Brasch explains.
A program manager from the Colorado Energy Office, which administers the program, says by next year the state will have mechanisms in place to reimburse shops quarterly rather than annually.
Colorado has largely been a success story for e-bike rebates. In Denver, the city’s e-bike vouchers got snatched up by residents almost as soon as they were released. “The state’s new e-bike tax credit is a long-term bet on the climate strategy. Approved through a law signed by Gov. Jared Polis last year, the program will run from April 2024 through the end of 2032 and cost the state an estimated $120 million.”
FULL STORY: Colorado launches a $450 e-bike rebate for everyone April 1. Here’s why many bike shops aren’t participating
February Must-Reads: Top 10 Articles From Last Month
Federal policy changes send shock waves through agencies at all levels of government as we continue to monitor the effects of the new administration’s slash-and-burn approach to government.
Washington State E-Bike Rebate Set to Launch in April
The state program will offer up to $1,200 to fund the purchase of electric bikes.
California E-Bike Rebate Demand Far Exceeds Supply
The queue to apply for California’s new e-bike incentive program, which only offered 1,500 vouchers, reached 100,000 people.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
Americans May Be Stuck — But Why?
Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?
Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
HHS Staff Cuts Gut Energy Assistance Program
The full staff of a federal program that distributes heating and cooling assistance for low-income families was laid off, jeopardizing the program’s operations.
San Antonio Remains Affordable as City Grows
The city’s active efforts to keep housing costs down through housing reforms and coordinated efforts among city agencies and developers have kept it one of the most affordable in the nation despite its rapid population growth.
What Forest Service Cuts Mean for Cities
U.S. Forest Service employees work on projects that have impacts far beyond remote, rural wilderness areas.
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