Sweetened Condensed Milk

I found this recipe in a Joanne Fluke book. I like the simplicity of this recipe and the fact that I have everything in my cupboard. This year's holiday baking seems to need lots of sweetened condensed milk so I am playing with this as I go. Tonight I am making fudge and last weekend I made caramels. So far so good.

Joanne Fluke Sweetened Condensed Milk
1/3 cup boiling water
4 TB butter
¾ cup sugar
½ tsp vanilla
1 cup powdered milk
Whisk water and butter until the butter is melted. Add sugar and mix until dissolved. Add vanilla. Whisk in powdered milk until smooth and creamy. Equals 14 oz can of SC milk.

Evaporated Milk (dairy and dairy free)

My family has a bug and it's a doosy so my cooking has been rather limited. I hope to take some time tomorrow to rest up and gather my strength and do some cooking in the afternoon.
Last night I made two impossible pumpkin pies. As I am pulling out the ingredients I realize I don't have anymore evaporated milk. I thought this was a perfect time to pull out those substitution recipes I have been holding on to. The pies came out great and you couldn't tell I hadn't used real evaporated milk.
I used powdered milk this time but you can substitute soy milk powder for a dairy free version.

Evaporated milk
1 cup powdered milk
3/4 cup water
Blend well

I just added the milk with the dry and the water with the wet but the instructions for this recipe say to blend in a blender. The milk powder was very visible in the batter but completely gone in the final product.