An e-bike rebate program in Portland, Oregon, has shown "strong demand" and is boosting the local economy, according to BikePortland.
Data shared at a recent community meeting revealed that 123 people purchased e-bikes thanks to the pilot program, which gave Portland Community College students rebates of $1,600 for e-bikes and $300 for accessories. Of those, 9% were new to biking. Officials also reported 121 equipment rebates were redeemed.
"We have 123 more Portlanders on e-bikes and boosted local business by putting $250,037 in the hands of our Portland bike shops," Elizabeth Stover, strategic communications manager for Portland Clean Energy Community Benefits Fund, told BikePortland.
Riding an e-bike could save you thousands of dollars per year on transportation costs and is also a more eco-friendly option since e-bikes do not pollute the air with planet-warming and health-harming chemicals. Meanwhile, these electric-powered devices can increase daily exercise and outdoor time.
TCD Picks » Upway Spotlight
💡Upway makes it easy to find discounts of up to 60% on premium e-bike brands
If you're interested in reaping the benefits of e-bike ownership, Upway is a great place to start. Its online marketplace offers a variety of e-bikes, with many listed at up to 60% off retail prices. If you're looking to upgrade to a new e-bike, you can also sell your old one through Upway.
And if you want to save even more money, installing a home solar system can help reduce your e-bike's charging costs. TCD's Solar Explorer is a great place to learn about home solar options and can connect you with trusted partners who offer concierge-level service, helping to save you up to $10,000 on installation. Some of TCD's partners also offer $0-down subscription options.
"This program seems like a winner all around," one person commented about the Portland e-bike pilot. "Pumping so many [dollars] into our local economy helps everyone."
Meanwhile, while the Portland Rides rebate program website says applications are now closed, it is "gearing up for new rebates and program offerings."
Save $10,000 on solar panels without even sharing your phone number Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area. To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner. Solar panels can save you more than $50k over their 25-year lifespan, and EnergySage can help you save as much as $10k on installation. Which begs the question — isn't that worth an email or two? |
"In 2026 and beyond, the program will expand to include cargo (specifically designed to carry heavier loads or multiple passengers) and adaptive e-bikes (customized to support riders with disabilities) for all Portland residents from low and medium-income households," it says.
|
What's the most you'd pay per month to put solar panels on your roof if there was no down payment?
Click your choice to see results and speak your mind. |
$200 or more 💰 
Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.
Cool Picks
