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$500 Financial Relief Will Be Sent Out to Eligible Residents in Hawaii

$500 financial relief
$500 financial relief will be sent out to eligible residents in Hawaii. (Photo: Economic Times)

Hawaii has implemented a new program to provide residents with financial relief for purchasing e-bikes and mopeds over the past year.

$500 financial relief

$500 financial relief will be sent out to eligible residents in Hawaii. (Photo: Economic Times)

$500 Financial Relief

Thousands of people are now eligible for financial relief of up to $500 or 20% of the bike’s purchase price, whichever is lesser. The initiative is not only aimed at helping residents but also to fulfill Hawaii’s green energy plans, according to a published article in The U.S. Sun.

According to state officials, the widespread adoption of electric vehicles, including bicycles and mopeds, will help Hawaii reach its clean energy goals while filling a significant mobility gap for many people in the state. Hawai‘i Department of Transportation Director Ed Sniffen said the program is an important piece of the state’s green energy plans.

READ ALSO: $7,500 Electric Vehicle Tax Credit Updates For 2023

Eligibility for $500 Financial Relief

To qualify for the financial relief, applicants must be at least 18 years old. They must provide proof of participation in a low-income assistance program like the Supplemental Nutrition Assistance Program or Section 8, or do not own a motor vehicle with four or more wheels, or are currently enrolled in school, community college, or university. Only bikes and mopeds purchased in Hawaiian stores within the past year, dating back to July 2, 2022, are eligible for the rebate.

The application process is easy and can be done online or by requesting a hard copy application through a phone call. The application must include supporting documents verifying the purchase, such as a receipt. The program is expected to not only provide financial relief to residents but also encourage them to adopt green energy alternatives, which is in line with Hawaii’s sustainability goals.

Hawaii’s new rebate program for e-bike and moped purchases is a welcome relief for many residents who have been adversely affected by the pandemic and who are seeking sustainable mobility options, according to a recently published article in Yahoo News.

READ ALSO: $7,500 Tax Credits Will Be Given To SUV Electric Vehicle Owners, U.S. Treasury Says!

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