Press Release: Colorado’s $450 eBike Tax Credit Set to Drop in 2026, CyclErie Calls for Urgent Action

FOR IMMEDIATE RELEASE
Erie, CO – September 14, 2025

Contact:
CyclErie Media Relations
Email: info@cyclerie.net
Website: www.cyclerie.net

Erie, CO – Colorado’s eBike Tax Credit Program, which provides a $450 discount on electric bicycles at the point of sale, will reduce to $225 on January 1, 2026, as announced by the Colorado Energy Office. Having enabled over 4,520 residents, particularly middle-aged retirees, to save $5.4 million, the program faces potential cuts due to state budget constraints. CyclErie, a prominent advocate for sustainable cycling, urges Coloradans to act now and calls on retailers to promote the credit to boost eBike adoption.

Eligible residents can claim the $450 discount on UL-certified eBikes (Class 1, 2, or 3, with motors under 750 watts) at participating retailers, limited to one discount per year. Retailers receive a $500 tax credit per sale, supporting local bike shops. Proof of residency, such as a driver’s license or utility bill, is required, with provisions for unhoused individuals via a nonprofit letter. With a state budget strained by a 40% spending increase against 10% population growth, the program’s $6 million allocation—equivalent to about 250 electric vehicle credits—is at risk. Details are available at CyclErie’s tax credit page.

CyclErie encourages residents to secure the $450 discount before the 2025 deadline and invites retailers to leverage the program to drive sales. “This credit supports riders, local businesses, and Colorado’s environmental goals,” said a CyclErie spokesperson. Visit the Colorado Energy Office for retailer lists or apply through CyclErie’s tax credit form to take advantage of this opportunity.

About CyclErie

CyclErie is a Colorado-based organization committed to advancing cycling as an eco-friendly and accessible transportation option. Through partnerships with local retailers and advocacy for initiatives like the eBike Tax Credit Program, CyclErie empowers residents with resources to select eBikes and navigate incentives. Learn more at www.cyclerie.net