The rebate program will use a point-of-sale technique the place the rebate quantity will merely be deducted from the acquisition worth. This may save residents the aggravation of submitting a receipt and ready for a test or tax credit score that will take months to materialize.
There shall be two tiers of members, based mostly on earnings. Earnings-qualified residents will obtain a $1500 rebate for the acquisition of an ordinary e-bike, or a $2000 rebate for a cargo e-bike. Different Atlanta residents will obtain $500 for the standard e-bike or $1000 for a cargo e-bike.
The Metropolis of Atlanta has funded this system with a $1 million funding.
The rebate program has a number of necessities for qualifying purchases. First, patrons should produce proof that they reside inside the metropolis limits; residents of Alpharetta and different suburbs gained’t qualify. Candidates should even be 18 years outdated.
Qualifying types of proof of residency embody driver’s license, passport, start certificates, rental settlement, mortgage, most up-to-date utility invoice, automobile registration and Georgia voter ID card.
The rebate will cowl Class 1, 2 or 3 e-bikes or e-trikes with a most nominal energy ranking of 750W.
One restriction that some customers will discover irritating shall be that they can not buy their e-bike from a direct-to-consumer model. The e-bike have to be bought from a neighborhood bike store. Many of those manufacturers, although, are starting to promote their e-bikes by means of brick-and-mortar retailers.
Buyers can discover information about Atlanta’s rebate program in an in depth FAQ right here. Individuals may also join a publication that can maintain events knowledgeable with notifications.
The Metropolis of Atlanta expects this system to web between 800 and 1000 e-bikes to be bought by means of the rebate program.