Updates
Colorado’s eBike Tax Credit: Save $450 Before It Halves in 2026
Summary: Colorado’s eBike Tax Credit Program
Colorado’s eBike Tax Credit Program offers residents a $450 discount on qualifying electric bicycles, promoting sustainable transportation by making eBikes more affordable. Over 4,520 Coloradans have saved $5.4 million through the program, which requires proof of residency and a UL-certified eBike with a motor under 750 watts. Resources like the Colorado Energy Office and CyclErie, including its tax credit form page, guide residents through the process, which supports retailers with a $500 tax credit per sale.
However, the program faces challenges due to state budget constraints, with a reported 40% spending increase against less than 10% population growth putting pressure on funding. The Colorado Energy Office confirms the discount will drop to $225 on January 1, 2026, and further cuts could jeopardize the program’s future. With only $6 million initially allocated—roughly enough for 250 electric vehicle credits’ worth of eBikes—residents must act by December 31, 2025, to secure the full $450 discount.
The eBike Tax Credit Program delivers environmental and economic benefits, reducing emissions, easing traffic, and lowering transportation costs. Its inclusive design ensures access for low-income and unhoused residents, aligning with Colorado’s sustainability goals. To take advantage, residents can visit participating retailers, apply via CyclErie’s tax credit form, advocate for continued funding, and share information to raise awareness before the discount decreases.
