UK Companies Now Eligible for Tax Incentives on Purchase of Active Power Flywheel UPS Systems

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Active Power, Inc. announced that its CleanSource® UPS (uninterruptible power supply) product has met relevant energy saving criteria and is now listed on the Energy Technology List (ETL), which is managed by the Carbon Trust on behalf of the UK Government. As a result, UK businesses that purchase Active Power’s CleanSource UPS may benefit from a 100 percent first year capital allowance on their investment against taxable profits. As part of the endorsement, Active Power has also earned the privilege of using the ETL symbol.

“This recognition from the ECA scheme allows us to increase the value of our product for UK customers,” said Jim Clishem, president and CEO, Active Power. “Active Power delivers an economically green product to clients by delivering the most energy efficient UPS available on the market that is more predictable and reliable than conventional technologies. Layering on the additional financial benefits from the ECA scheme only deepens the value to the client.”

The UK government introduced the ECA scheme in 2001 to encourage businesses to invest in low carbon, energy saving equipment and was designed to help the UK reach its Kyoto target of reducing carbon emissions by 20 percent. The scheme is managed by the Carbon Trust, a private company backed by the UK government to accelerate the transition to a low carbon economy and develop commercial low carbon technologies for the future. The ECA scheme consists of the Energy Technology Criteria List, which determines the energy saving requirements for each type of technology, and the Energy Technology Product List which lists products eligible for tax incentives.


About Active Power
Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power’s flywheel-based UPS systems protect critical operations in datacenters, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com.

 

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