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6/4/12

Netherlands-Based Companies Eligible to Receive Tax Incentive on Purchase of Active Power UPS Systems

Due to its industry leading energy efficiencies, Active Power CleanSource UPS (uninterruptible power supply) technology has met specific energy performance criteria as set forth by the Netherlands' Ministry of Economic Affairs, Agriculture, and Innovation, making it eligible for the Energy Investment Allowance (EIA).

As a result, for-profit organizations based in the Netherlands can now deduct 41.5 percent of the purchase of CleanSource UPS from pre-tax profit in the calendar year in which the investment was made. The net savings from the gross deduction is approximately 13.5 percent. The tax benefit is applicable for the capital cost of the UPS equipment as well as costs for delivery, installation, commissioning, and project management. 

"This tax incentive increases the value of our CleanSource UPS product line to customers in the Netherlands, enabling them to more easily take advantage of the inherent benefits of the product in their mission critical environment," said Doug Milner, president and CEO, at Active Power. "Our high efficiency flywheel based UPS aligns well with what the Netherlands ministry is trying to accomplish, encouraging organizations to invest in efficient, sustainable technologies."


Read more: Netherlands-Based Companies Eligible to Receive Tax Incentive on Purchase of Active Power UPS Systems - MarketWatch

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