The Electric-Assisted Bicycle Rebate (e-Bike Rebate) is designed to reduce the cost for Minnesota residents to buy a new e-bike at eligible retailers starting July 1, 2024. The rebate is worth 50-75% of the cost of an e-bike and qualifying accessories, up to a maximum of $1,500.
Rebate Process
Individuals and retailers must apply to the Minnesota Department of Revenue to take part of the MN Ebike Rebate . When the program opens on July 1:
Individuals will apply for a rebate certificate using the application portal. Certificates are issued on a first-come, first-served basis.
If approved, individuals will receive the rebate certificate by email. They will then have two months to go to an approved retailer and purchase a discounted e-bike and accessories.
Retailers will apply the discount amount, listed on the rebate certificate, at the time of purchase. They will then have one month to request reimbursement through the retailer portal.
Qualifying Items
The MN Ebike rebate certificate applies to a new electric-assisted bicycle (e-bike) and qualifying accessories purchased at the same time. Qualifying accessories include a bike helmet, lights, lock, luggage rack, basket, bag or backpack, fenders, or reflective clothing.
Number of Rebates Available
The number of rebate certificates issued each year will be very limited based on the funds available. The legislation allocates $2 million per year in 2024 and 2025 for administration of the program and rebates. The program is set to expire in 2026.
Sales Tax
Though the rebate lowers the purchase price, sales tax must be paid on the full retail amount of the purchase.
Additional information can be found on the MN Department of Revenue's website: https://www.revenue.state.mn.us/electric-assisted-bicycle-e-bike-rebate
