eligible credit
(1) Eligible credit (A) In general The term “eligible credit” means each of the following: (i) So much of the credit for alternative fuel vehicle refueling property allowed under section 30C which, pursuant to subsection (d)(1) of such section, is treated as a credit listed in section 38(b). (ii) The renewable electricity production credit determined under section 45(a). (iii) The credit for carbon oxide sequestration determined under section 45Q(a). (iv) The zero-emission nuclear power production credit determined under section 45U(a). (v) The clean hydrogen production credit determined under section 45V(a). (vi) The advanced manufacturing production credit determined under section 45X(a). (vii) The clean electricity production credit determined under section 45Y(a). (viii) The clean fuel production credit determined under section 45Z(a). (ix) The energy credit determined under section 48. (x) The qualifying advanced energy project credit determined under section 48C. (xi) The clean electricity investment credit determined under section 48E. (B) Election for certain credits In the case of any eligible credit described in clause (ii), (iii), (v), or (vii) of subparagraph (A), an election under subsection (a) shall be made— (i) separately with respect to each facility for which such credit is determined, and (ii) for each taxable year during the 10-year period beginning on the date such facility was originally placed in service (or, in the case of the credit described in clause (iii), for each year during the 12-year period beginning on the date the carbon capture equipment was originally placed in service at such facility). (C) Exception for business credit carryforwards or carrybacks The term “eligible credit” shall not include any business credit carryforward or business credit carryback determined under section 39.