Browsed by
Category: Electric Vehicles

How We Track Our Energy Use

How We Track Our Energy Use

Whether we are talking about money or energy, a big part of keeping costs low is being able to track them. To accomplish this, I have a spreadsheet that has different tabs for each of the sources of energy inputs and outputs that we track for our primary residence. Grid Usage – Our utility company allows you to track how much energy we used on a daily basis, and is usually updated next day with information from the former. So…

Read More Read More

Taking Full Advantage of the EV Tax Credit

Taking Full Advantage of the EV Tax Credit

In a recent post from an online financial independence community someone was asking about how the federal EV (electric vehicle) tax credit works to “reduce the price” of new EVs. Officially known as the “Plug-In Electric Drive Vehicle Credit (IRC 30D)”, the way this works is that if you buy a new EV or PHEV (Plug-In Hybrid Electric Vehicle) with a large enough rechargeable battery (over 5 kWh) from a qualified manufacturer, you are able to claim a $7,500 tax…

Read More Read More

How We Saved On Cars

How We Saved On Cars

It costs us less to own and operate three cars than it would to own and operate two cars. Yep, you read that right. If you’re surprised, then join the club. I was very surprised at the time that I figured this out. Before we delve into explaining our transition to our current automobile scenario, let’s start at the beginning. A Common American Car Story I didn’t learn how to drive until I was 17, this was due in most…

Read More Read More

Related Posts Plugin for WordPress, Blogger...