7211 Clean Electricity Production Credit

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7211

Form
(December 2024)
Department of the Treasury
Internal Revenue Service
Name(s) shown on return

Part I

Clean Electricity Production Credit

OMB No. 1545-0123

Attach to your tax return.
Go to www.irs.gov/Form7211 for instructions and the latest information.

Attachment
Sequence No. 211
Identifying number

Information on Qualified Facility

TREASURY/IRS
AND OMB USE
ONLY DRAFT
October 11, 2024
DO NOT FILE

1

If making an elective payment election or transfer election, enter the IRS-issued registration number
of the facility:

2a

If different than filer, enter the (i) owner’s name
and (ii) owner’s TIN
.

b Address and description of the facility:
c

Coordinates.
(i) Latitude:

(ii) Longitude:

.

Enter a “+” (plus) or “-” (minus) sign in the first box.

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Enter a “+” (plus) or “-” (minus) sign in the first box.

3
4

Date construction began (MM/DD/YYYY):
Date placed in service (MM/DD/YYYY):

5

If you petitioned for a provisional emissions rate (PER), check the applicable box below:
An emissions value was received from the Department of Energy (DOE).
(i)
(ii)
A designated Lifecycle Analysis (LCA) model was used to recommend an emissions value.

6

Enter the DOE control number, if applicable:

7

Does the facility qualify to claim the credit at the alternative amount? See instructions.
Yes, the facility’s maximum net output is less than 1 megawatt (as measured in alternating current).
Yes, the facility’s construction began before January 29, 2023.
Yes, the facility meets the prevailing wage requirements of section 45(b)(7)(A) and the apprenticeship requirements of
section 45(b)(8).
d
No.
8
Does the facility qualify for an energy community bonus credit?
Yes, the facility qualifies for the energy community bonus credit under section 45Y(g)(7).
No.
9
Does the facility qualify for the domestic content bonus credit?
Yes, the facility qualifies for the domestic content bonus credit under section 45Y(g)(11).
No.
a
b
c

Part II

Clean Electricity Production

The rate you enter in (b) will depend on how you answered Part I,
question 7, and the calendar year in which you sold, consumed, or
stored the kWh of qualified clean electricity. See instructions for
information on calculating the rate.
1
2

Calendar year:
Calendar year:

3
4

Enter the total amount of lines 1(c) and 2(c). See instructions .
Reserved for future use . . . . . . . . . . . . .

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(a)
Kilowatt-hours of
qualified
clean electricity

(b)
Applicable amount

(c)
Column (a) x Column (b)

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5a

Energy community bonus credit. See instructions. If you qualify, multiply the amount on line 3 by
10% (0.10). Otherwise, enter -0- . . . . . . . . . . . . . . . . . . . . . .
b Add lines 3 and 5a . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 56405V

5a
5b
Form 7211 (12-2024)

Page 2

Form 7211 (12-2024)

Part II

Clean Electricity Production (continued)

Credit Reduction for Tax-Exempt Bonds
If you used proceeds of tax-exempt bonds to finance your facility, continue to line 6a; otherwise, enter the
amount from line 5b on line 7.
6a

Divide.

Sum, for the tax year and all prior tax years, of all proceeds of
tax-exempt bonds (within the meaning of section 103) used to
finance the qualified facility, as of the close of the tax year

TREASURY/IRS
AND OMB USE
ONLY DRAFT
October 11, 2024
DO NOT FILE
=

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6a

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6b
6c
6d

Aggregate amount of additions to the capital account for the
qualified facility, for the tax year and all prior tax years, as of
the close of the tax year

b Multiply line 5b by line 6a
. . . .
c Multiply line 5b by 15% (0.15) . . .
d Enter the smaller of line 6b or line 6c .
7
8a

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Subtract line 6d from line 5b . . . . . . . . . . . . . . . . . . . . . . .
Domestic content bonus credit. If:
• You qualify for the domestic content bonus credit and claimed the energy community bonus credit
on line 5a, multiply the amount on line 7 by 0.0909091.
• You qualify for the domestic content bonus credit and did NOT claim the energy community
bonus credit on line 5a, multiply the amount on line 7 by 10% (0.10).
• You do not qualify for the domestic content bonus credit, enter -0- . . . . . . . . . .
b Add lines 7 and 8a . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
Phase-out for elective payment. If you are making an elective payment election under section 6417,
for a facility whose construction began in 2024 and the facility does not conform to section 45Y(g)
(12)(B)(i) or meet the exception under section 45Y(g)(12)(B)(ii), multiply line 8b by 90% (0.90). If you
are making an elective payment election, for a facility whose construction began in 2025 and the
facility does not conform to section 45Y(g)(12)(B)(i) or meet the exception under section 45Y(g)(12)
(B)(ii), multiply line 8b by 85% (0.85). All others, enter the amount from line 8b . . . . . . .
10
Clean electricity production credit from partnerships and S corporations, cooperatives, estates, and
trusts (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . .
11

12
13

Add lines 9 and 10. Cooperatives, estates, and trusts, go to line 12. Partnerships, and S
corporations not electing transfer, stop here and report this amount on Schedule K. All others, stop
here and report this amount on Form 3800, Part III, line 1gg . . . . . . . . . . . . .
Amount allocated to patrons of the cooperative or beneficiaries of the estate or trust (see
instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cooperatives, estates, and trusts, subtract line 12 from line 11. Report this amount on Form 3800,
Part III, line 1gg . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7

8a
8b

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Form 7211 (12-2024)