Savings Plan on account with no EC2 running

Question

We have a savings plan for an EC2 instance family and region, we would like to know what would happen if we stopped having EC2 instances running for some time. That is, leaving the account unused.

The savings plan was not contracted with an upfront payment for 1 year.

Thanks.

Answer

Yes to answer your question, yes if you are committed to pay $3/Hour, which is actually the discounted price over On-Demand prices, then to leverage the most out of it you need to some compute instances. Even if you don't run you need to pay to AWS based on your commitment.

Answer

Savings Plans is a contractual agreement that cannot be canceled. If it's not paid all upfront, you would continue to pay the hourly rate you have committed for every month until it expires.

Answer

Hello, if your account is part of an AWS Organization, the Savings Plans you bought on that account can be 'shared' and other accounts can benefit from the savings.

https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/ri-turn-off.html

Cheers.

Savings Plan on account with no EC2 running

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