Old Spokes Home’s E-bike Program - Providing Affordable, Convenient, Transportation
Old Spokes Home has been subsidizing the costs of conventional bikes for income-eligible Vermonters since its founding as Bike Recycle Vermont in 2003. Over 500 donated used bikes are refurbished every year and provided to Everybody Bikes customers of all ages - helping them get to work, school, and play without the financial burden of an individual motor vehicle.
As successful as the Everybody Bikes program is, Old Spokes Home recognizes that significant numbers of income-eligible, carless Vermonters are not able to get where they need to go on a conventional bike. This may be because of the distance of their daily commute, physical ability, and/or the unforgiving elevations of Vermont’s landscape. In order to better meet the needs of this population, the shop is working with multiple partners to help qualified Vermonters afford an electric-assist bicycle for use as transportation.
E-bike motors assist bicycle riders as they pedal, making longer distances and hills manageable. They are powered by batteries that can be removed and charged at a standard wall outlet; fully charged batteries can power an e-bike for 20 – 40 miles depending on the level of assist used.
Old Spokes Home and partners’ programs consist of the following elements that can make e-bikes more accessible to low-wage Vermonters who choose to forego the cost of an individual motor vehicle for transportation.
BED and GMP instant rebate program
Old Spokes Home partners with Burlington Electric Department who provides $200 instant rebates and Green Mountain Power who provides $300 instant rebates for any of their customers who purchase an electric bicycle.
Any BED or GMP customer
Opportunities Credit Union loans
0% interest low-barrier loans from Opportunities Credit Union (OCU)
Old Spokes Home partners with Opportunities Credit Union to provide 0% financing for qualifying customers seeking a loan to purchase an e-bike for transportation. OCU will work with customers with no or poor credit history to help them qualify and set monthly payments at $50 or less.
Customer income is $78,600 or below for a family of four, $65,160 for a family of three, $51,720 for a family of 2, and $38,280 for individual, they are eligible for OCU loan, and they are using the e-bike for transportation. Customer makes at least $50 down payment.
Made possible by a generous grant from the Vermont Energy Investment Corporation (VEIC) Founder's Fund - THANKS!
Subsidized Sales of Electric Bikes at Old Spokes Home
Old Spokes Home will subsidize the price of top of the line electric bike models that it carries so Everybody Bikes customers who are referred by partner organizations can access quality e-bikes for transportation for as low as $1,700.
Customer income is $31,900 or below for family of 1, $43,100 family of 2, $54,300 family of 3, & $65,500 family of 4+ and they are using the e-bike to access employment.
Made possible by a generous grant from the Canaday Foundation - THANKS!
Vermont Employment Transportation Initiative (VETI) Creative Workforce Solutions voucher program
Old Spokes Home partners with Creative Workforce Solutions (CWS) who provides VETI vouchers for employment-related transportation. Customers working with a CWS participating agency may be eligible for a voucher to help cover the cost of an electric bike. Contact Mark Kenney for more information.
Referral from CWS partner for transportation assistance.
Need affordable, convenient transportation?
Stop by the shop at 331 N. Winooski Ave in Burlington, call Laura at (802) 730-4715, or email Laura at Laura@oldspokeshome.com.