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Americans Will Get Up to $1,500 in Free Cash as Applications for Popular Discounts Reopen – State Alerts Spots Are Being Filled

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AMERICANS can get up to $1,500 with a discount program that can help pay for their transportation.

Minnesota is offering the money as a rebate for electric bikes.

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You can earn money by changing your mode of transportationCredit: Getty
Many people ride electric bikes for pleasure or to get around

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Many people ride electric bikes for pleasure or to get aroundCredit: Getty

The state’s application system crashed earlier this month, shortly after the program launched, due to StarTribune.

Now, the state is getting back up and running with an official relaunch.

The program has set aside $2 million to cover about 50% to 75% of the cost of an electric bike.

Bikes that use batteries can cost more than $2,000 — although the program is limited to payments of $1,500.

The application portal will reopen on July 2nd at 11am local time.

HOW TO QUALIFY

Minnesota has set aside money for electric bikes during the 2024 and 2025 fiscal years.

However, there are some rules to qualify.

Your bike must be from a qualified supplier.

The state has a list of approved bicycle sellers online.

“We expect the application period to be brief, as only approximately 10,000 applications will be accepted,” the state said. “When this limit is reached, the discount request will be closed.”

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Those who qualify will receive a certificate. The amount will vary depending on your income.

This certificate must be used within two months, otherwise it will expire.

Only certain bikes can also qualify – any electric bike with a motor that uses more than 750 watts of power does not qualify.

Mopeds and scooters are also not eligible.

Why a bike discount?

Bicycles, including e-bikes, have become a climate solution.

In many urban areas, bicycles have become a popular form of transportation.

Now, Minnesota will pay for individuals to buy expensive electric bikes.

Minneapolis, Minnesota sells itself as one of the best cycling cities in America.

GET A BIKE

Cycling, including electric bicycles, is a low-energy form of transportation, especially in urban areas.

Governments have begun to encourage the use of bicycles to reduce carbon emissions associated with gasoline cars.

Money is also available for other green initiatives.

Many states offer discounts to those who install solar panels on their properties.

Texas residents, for example, can qualify for thousands depending on their energy company.

The IRS has discounts available for those looking for electric cars.

Check out the federal tax credit available to solar energy users.

Some companies are encouraging EVs to build a greener image.



This story originally appeared on The-sun.com read the full story

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