AWS Savings Plans Explained
Savings Plans provide a flexible pricing model that offers significant savings (up to 72%) compared to On-Demand prices in exchange for a commitment to a consistent amount of compute usage (measured in $/hour) for a 1 or 3-year period.
Compute Savings Plans: The most flexible; apply to EC2, Fargate, and Lambda usage across different regions, instance families, and operating systems.
EC2 Instance Savings Plans: Provide deeper discounts but are restricted to specific instance families within a specific region.
Automation: Discounts are applied automatically to usage that matches your plan attributes.