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Bicycle rebate program officially launches on P.E.I.

The bicycle rebate program introduced within the 2022 finances in February has formally launched on P.E.I.

A rebate of as much as $100 might be provided on new bicycles with a retail worth as much as $2,000. The rebate is issued on the level of sale. The bike rebate is accessible retroactively to those that have bought a motorbike from a collaborating retailer on or after April 1, 2022.

Brett Doyle of Outer Restrict Sports activities mentioned the retroactive rebate might be a nice shock to some.

“I feel there was a number of prospects that have been ready and ready and simply acquired bored with ready and pulled the set off and acquired a motorbike in hopes, however not realizing for positive that they might get that hundred {dollars},” mentioned Doyle.

“We all know for positive there have been prospects like that so there’s a number of blissful prospects which are going to wind up getting that hundred {dollars} which have already bought bikes.”

The $100 rebate was sufficient motivation for Betty Anne Younker to buy a bicycle on Thursday.

“I discovered a motorbike. I appreciated it. $100 rebate. It is a win-win state of affairs, so go for it,” she mentioned.

“I acquired a kick stand, racks, mirror. So a few of that’s paid off from the rebate, so it is good.”

This system features a rebate of as much as $500 on the acquisition of a brand new e-bike. (Authorities of P.E.I.)

P.E.I. residents also can obtain a $500 rebate on the acquisition of an influence assisted bicycle, or e-bike.

Collaborating retailers for the bicycle rebate embody:

  • House {Hardware} shops in Charlottetown, Souris, Alberton, O’Leary and Tignish
  • Stewart & Beck’s House Constructing Centre
  • Discounters in Stratford, Charlottetown, Montague and Summerside
  • Leisure Second Bikes and Equipment Inc.
  • Outer Restrict Sports activities
  • Ted’s

Different retailers might be becoming a member of quickly, in keeping with the province. Probably the most up-to-date listing may be discovered at www.princeedwardisland.ca/bikerebate

Retailers providing level of sale rebate for e-bikes embody:

  • Pink Rock Motor Sports activities
  • ALL EV
  • Dennis Motor Sports activities
  • Rising Tide EV Inc.

 

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