By Jennifer McRae

DENVER (CBS4)– Less than three weeks from its launch, the City of Denver reached its limit for rebates for the popular e-bike rebate program. The voucher offers $400 or $1,200 back depending on the bike or person’s income level.

(credit: CBS)

“Denver, we are amazed,” said Grace Rink, Denver’s chief climate officer. “There is a clear desire for e-bikes, and for trying a healthier and more sustainable way to get around our beautiful city. The work of our office is to find climate solutions that directly benefit residents, and I think we have a clear winner here.”

Now the city will shift to a limited-release model as funding becomes available throughout the year. Interested Denver residents can sign up for notifications for when the application is live again.

(credit: CBS)

Since the program launched on Earth Day, the city has received 3,250 e-bike rebate applications. Forty percent of those applications are income-qualified, which accounts for 55% of the program’s available funding.

According to Denver, residents who have already applied for a rebate will not be affected by the application pause, and those applications will be processed within 10 business days. Residents who have already received a rebate voucher will still be able to use it at a participating bike shop within 60 days of issuance.

Jennifer McRae