One other thing to consider with UPS is that over time the lead-acid batteries get weaker and won't hold a charge for as long (just like the battery in your car), so it's backup power time will decrease. You can replace the battery(s) in the UPS. That looks like a pretty good UPS and should tell you the health of the battery. I had one where the battery went completely dead (and acid leaked out due to a malfunction in the charging circuit), yet the battery warning led on the front panel never came on.
It is not a bad idea, from time to time, to test the UPS by unplugging it from the wall and see how long it continues to power your computer/monitor (not while working on anything important, of course).