Introduction Savings Plan

Savings Plan is a flexible pricing model that helps us save up to 72% of costs when using services like EC2, Fargate or Lambda.

SP offers much lower than usual cost of using EC2, Fargate and Lambda, in return for a lifetime commitment (hourly) for at least 1 year to 3 years .

SP can be installed in any Account, be it Management Account or Member Account. After the SP is installed, it will apply to the Account that owns the SP first, then it is applied to other accounts located in the same organization management system AWS Organization.

Once the SP has been established, the hourly service charge will always remain the same for the life of the SP. You can pay with 3 options are:

  • All Upfront
  • Partial upfront
  • No upfront

Content

  1. Savings Plan type
  2. Svingss Plan vs Reserved Instance