New York
Electric Bike Rebates and Tax Credits

The New York State Senate Bill S3080A directs the New York State Energy Research and Development Authority (NYSERDA) to establish a Ride Clean Rebate Program to permit class one, class two, and class three bicycles with an electric assist, as defined in section 102-c of the Vehicle and Traffic Law, and electric scooters, as defined in section 114-e of the Vehicle and Traffic Law, to be eligible for a fifty percent rebate, with a maximum rebate amount of one thousand one hundred dollars ($1,100).

E-Bike Loan NYC provides access to sustainability micromobility through a low-cost e-bike loan for employees of participating employers. There is no minimum credit score requirement and no hidden costs. Additionally, employees can use their NYCID to sign up.

The E-Bike Loan NYC program provides access to sustainability micromobility through a low-cost e-bike loan for employees of participating employers. There is no minimum credit score requirement and an automated application process. There is one application fee and no hidden costs. Participants can also use their NYCID to sign up.

Selected delivery workers can trade their e-bike or moped for a discounted UL-certified e-bike. Participants will be eligible to purchase a Tern Quick Haul e-bike with two Bosch batteries for $2,200 (plus tax), which represents a 40% discount from the retail price of $3,775 (plus tax). A low-cost, 12-month loan with no minimum credit score requirement is also available from Spring Bank. Delivery workers who choose this option can purchase their e-bike and make low monthly payments.