Katherine Breaks News Today

The number of electric vehicles that qualify for a $7,500 tax credit fell by half on April 18. But buying a new car isn't the only way to a get a tax break.

Treasury Department rules for new electric vehicles will likely limit the cars qualifying for a tax break. Leasing or buying used EVs are potential workarounds.

"First, theres the tax benefit," she said. "The other reason to do it is that you get energy savings." Indeed, powering a home has become more costly over the course of the year — particularly as employees continue to work remotely. The average cost price of electricity for residential customers ticked up to 13.55 cents per kilowatt hour in September 2020, according to the U.S. Energy Information Administration. Thats up from 13.16 cents per kilowatt hour in September 2019. Grab your receipts...