ClipperCreek Urges Installation of Electric Vehicle Charging Infrastructure Now, While Federal Tax Credit is Available

Manufactured in Auburn, CA - USA

AUBURN, Calif.--(BUSINESS WIRE)-- ClipperCreek, Inc. is urging those interested in residential or public Charging Infrastructure to move now to take advantage of the 50% federal tax credit. The American Recovery and Reinvestment Tax Act of 2009 temporarily increased the credit for alternative fuel refueling property for property placed in service in 2009 and 2010, the credit is due to expire on December 31, 2010. Attempts by Congress to extend the credits have not been successful.

ClipperCreek has prepared for this outcome, with ample inventory, and can usually ship within one week.

“We are willing to guarantee that any of our industry leading, and automobile manufacturer approved, CS-40 products purchased in November will be delivered this year, or we will discount the amount of the tax credit,” said Jason France, CEO of ClipperCreek. “The implementation of Charging Infrastructure is crucial to the success of the EV market and the industry is way behind.”

The tax credit, see IRS Form 8911, covers 50% of the cost of any electric vehicle charging infrastructure put into service this year, including hardware and installation, up to $2,000 for residential installations and $50,000 for commercial installations.

ClipperCreek encourages its customers to install their product with local licensed electricians.

About ClipperCreek, Inc.

ClipperCreek brings product leadership to the electric vehicle charging infrastructure marketplace with reliable, safe and durable, software-driven products that have been proven through 12 years of development and field experience.

ClipperCreek is the exclusive provider of EVSE chargers for BMW’s Mini-E and for Tesla Motors’ Level 2 EVSE charging stations. ClipperCreek also provides chargers to power GM, Mercedes and Nissan vehicles.

ClipperCreek remains the only Charging Station provider with ready inventory for its customers to take advantage of the Federal tax credit which is due to expire on 12/31/2010. This tax credit is up to 50% of hardware and installation costs - see IRS Form – 8911.

Visit www.ClipperCreek.com for more information.

Contacts

ClipperCreek, Inc.
Southwest:
Len Fein, 310-880-9133
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Southeast:
Don Francis, 404-906-0656
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or
Northeast:
Mike Paritee, 609-902-0122
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or
Midwest:
Stuart Irwin, 248-408-4162
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or
Northwest & NoCal:
Dave Packard, 912-882-0702
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