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The credit score is prolonged to property placed in service after December 31, 2032. The residential vitality efficient property credit is now the residential clean vitality credit. The credit score fee for property positioned in service in 2022 by way of 2032 is 30%. Homeowners additionally invested in making their houses more functional and secure. Roughly a quarter of the survey participants upgraded their plumbing and/or electrical techniques in 2020, projects that usually price about $1,000 each, in accordance with the research. One in five householders put in home security techniques over the previous yr, a share that is double…