Prince Edward Island E-Bike Incentive
Prince Edward Island Electric Bike Rebate and Tax Credit
Rebate Summary
The Government of Prince Edward Island is offering eligible Islanders and organizations a $500 rebate for those who purchase an e-Bike (Power Assisted Bicycle). Island residents are eligible for one e-Bike rebate per calendar year, while non-profits, businesses, public agencies, or any entity operating or registered in PEI (including Island municipalities, First Nations, Indigenous Organizations, and organizations that support Indigenous Peoples, but excluding provincial, crown, and federal government agencies) are eligible for up to five e-Bike rebates per calendar year. Eligible e-Bikes must retail for $1,200 (inclusive of sales and discounts, but exclusive of taxes and delivery fees) or more, have a maximum speed of 32 km/h, an electric motor of 500 watts or less, two or three wheels that touch the ground, a maximum weight of 120kg, and meet all other regulations as set out by the Highway Safety Act. Some retailers in Prince Edward Island will be offering a Point-of-Sale Incentive for e-Bikes, which automatically subtracts the $500 rebate from the total cost of the bike. Island residents and organizations can also purchase their e-Bike online or from a different retailer, and apply for the rebate after the purchase.