Savings Plans
#159 · Level 4 · Operations and specialized areas · Governance, multi-account and costConcept
Section titled “Concept”Savings Plans is an AWS pricing plan where, if you commit to spending a certain amount per hour for a set term, AWS charges you a lower price. It is not a server, just a billing rule. Compute Savings Plans apply to EC2, Fargate and Lambda usage. EC2 Instance Savings Plans give an even bigger discount on a specific type of EC2, but with less flexibility. Usage above the commitment is billed at the normal (On-Demand) price.
Simple example
Section titled “Simple example”A monthly bus pass — if you travel every day, a pass is much cheaper than buying a ticket every time.
Why it’s needed
Section titled “Why it’s needed”Paying full price for servers that are always running is a waste.
Where it’s used
Section titled “Where it’s used”Lowering the cost of EC2, Fargate and Lambda that run regularly.
Azure equivalent
Section titled “Azure equivalent”Azure Savings Plan / Reserved Instances
Learn more
Section titled “Learn more”For details and the latest information, see the official documentation: