Skip to main content

You are here

eBike Loan

Call 0808 808 2282 to start your journey today

The popularity of pedal assisted electric bikes or ebikes for short, has been growing year on year. They are a good alternative to a normal bike especially if your route includes hills, is more than 5 miles long or if you need an extra boost on the road. 

If you are considering purchasing an ebike there is an exciting funding opportunity available in Scotland through Energy Saving Trust. We offer an interest-free loan to buy an ebike. This scheme is funded by Transport Scotland (an agency of the Scottish Government). 

The eBike loan is for up to £6,000 with a repayment period of 4 years and covers the following (per household):

  • 2 x ebikes capped at £3,000 each
  • 1 x family cargo or ecargo bike capped at £6,000
  • 1 x adaptive bike or ebike

With the exception of an initial deposit, applicants must not make any other payment towards the purchase of the ebike(s) before receiving a loan offer under this programme as funding is not provided retrospectively.

The purchased ebike must comply with the UK Government's eligibility criteria for Scotland.

If you would like to experience an ebike first-hand, Home Energy Scotland deliver short-term ebike trials. For more information about ebikes, to request an application form, or to learn more about the full terms and conditions please call Home Energy Scotland free on 0808 808 2282

Important information

  • The eBike Loan is available for up to £6,000 per household. 
  • It is an interest free loan with no administrative fees.
  • The repayment period is 4 years.
  • Excluding a deposit contribution, applicants must not make any other payment towards the ebike before receiving a written offer of a loan from Energy Saving Trust. 
  • The loan cannot be applied for retrospectively, i.e. after the ebike has been paid for in full.
  • Applications are processed on a first come, first served basis all year round subject to the availability of loan funds. We reserve the right to suspend or reject applications in consultation with Transport Scotland on the grounds that there are insufficient funds available in any financial year to provide loans to all applicants.
  • Applications are subject to credit and affordability checks.
  • The scheme is funded by Transport Scotland and administered by Energy Saving Trust, Second Floor, Ocean Point 1, 94 Ocean Drive, Edinburgh, EH6 6JH.

 

 

 

Transport Scotland logo