We Love Cycle to Work Schemes
that Support Electric Bicycles

EcoMove are able to offer an unlimited value thanks to our membership with the Green Commute Initiative scheme (GCI).

Electric bikes under £1,000 can be unreliable and poor quality, and it is best to invest in a higher quality bike. The Green Commute Initiative opens funding above and beyond the Cycle to Work Scheme, and is far more suitable for electric bikes.

With the Green Commute Initiative, to enable the over £1,000 salary sacrifice, they take on the responsibility of hiring the bike, not the employer. This benefits the user as there is no buy back required at the end of the agreement period.

Your Employer purchases a voucher for you to buy the bike with.

You can choose a payback period of your choosing for the salary sacrifice agreement. It's up to you and your employer what this repayment period is. 6, 12 and 24 months are most common but there is a lot of flexibility in the system. As soon as your employer has paid for the bike, we can arrange for delivery.

At the end of your 12 month hire agreement with GCI you will be offered, for free, a 5 year loan so that you don't need to pay over any more money with no Final Market Value charge to be paid.

The lack of end of scheme exit free allows the GCI to offer discounts of up a huge 47%, higher than any other salary sacrifice scheme

Green Commute Initiative is the only UK Cyclesheme to offer bikes with NO £1,000 limit which means that scheme participants can chose an E-bike (or a conventional bike).

Employees can save up to 47% (depending on their tax band) and employers can save up to 13.8%. GCI doesn’t have any end-of-scheme penalty fees, just a free-of-charge extended 5 year loan period with a £1 fee at end to transfer ownership title.

This gives you a far healthier budget to play with and buy a better bike than you might otherwise be able to afford.

For example, if you earn £25,000 and are spending £1,000 on a bike, after tax and insurance you would only have the equivalent of £680 to buy a bike with. Because GCI is applicable on the full taxed value of the bike, you receive £1,000 worth of bike but for £680.

Bikes, e-bikes, accessories, safety equipment, and clothing are all included in the scheme, meaning you can get everything you need for the commute ahead.

If you're a UK PAYE Taxpayer and your employer is willing, then you are eligible! It's as simple as that.

Those earning more than £46,000 will save 42% or more, and those under £46,000 will save 32%. You save on the full price of the bike.

Gross Income - Savings:

Under £46,000 - 32%
£46,000 to £150,000 - 42%
£150,000+ - 47%

For further information, please see the GCI website.

Of course! You may be limited by the accessories you can buy, but no-one is going to be checking on your usage of the bike. There’s no limits on classification of bike either, so you could by an E-MTB or off road bike, as long as you also use it to commute.

Electric Bikes offer several benefits over unassisted bikes, and both are eligible on the scheme:

Easier and Safer for beginners - Not ridden in a few years? Electric bikes take the strain out of pedalling and can get you up to traffic speed easier and quicker.

Quicker at traffic lights - Electric bikes help you get up to 15mph without assistance, meaning no stumbling at the lights

Easier hills, less sweat - The extra push up a hill can avoid you arriving at work in a pile of sweat

Still gives you exercise - They don’t do everything for you, and you’ll still need to pedal! You can still get that heart going but just at a more civilised pace.

If the bike is stolen, you’re still liable for the agreement and will be paying out. In this case, we highly recommend you get insurance as soon as possible for your bike, and make sure you lock it up securely. Accessories are available on the agreement too, so there’s no reason not to throw some in!

Typically you can expect to save between 25 and 39%, depending on the finance package chosen.

Sadly not! Because it requires an Employer to purchase the bike and deductions from a PAYE, it’s not currently possible for self employed individuals to take part.

It is not worth ending the Cycle to Work Scheme early, as you will not receive any contribution discount on your agreement. It may be best to contact Cycle to Work Scheme directly to discuss any situation in which you wish to end the agreement earlier than 12 months.

If you are made redundant or leave the job, then any remaining balance on the agreement will be taken from your NET final salary package.

Yes, you can, but you should be aware of the financial limits and it may require further justification from your employer. The two bikes you purchase should be for yourself individually and not for a spouse etc.

However, it may be that you wish to have 1 bike to ride to the train station, and another to complete the journey at the other end. This is possible, however both bikes would need to come out of the same financial agreement.

Instead we recommend considering a folding electric bike. This can be easier to justify to an employer while solving the problem of taking it on the tube, etc.

Not at all. It is a separate agreement. Your pensionable earnings are calculated on Gross earnings and therefore not affected by the Cycle Scheme.

We recommend having all the information you might need ready before applying. This includes all the details of the Bike, your budget, your payroll number and ideally the employer code.

Once approved, a certificate will usually take around 2 weeks.

For it to be eligible, the bike must have pedals! Our electric Mopeds and Scooters are not eligible.