There's different versions of the Gen1. I've got a US-24-AT-250W and it's 48v only.
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It was a freebie from Ubiquiti so may have been a different version to the norm but it was a bit of a surprise when it arrived as I had to get an INS-3AF-I-G to power my older AP-AC-LR.
You can’t buy the 48V only Gen1 US-24-250W anymore. They produced a few in 2017 but changed their position fairly rapidly after a backlash from users with 24V equipment.