FAQ

How Do I Understand the Hourly Commitment of a Savings Plan?

When you buy a savings plan, you commit to using a specified amount over a one- or three-year term. Your hourly commitment is the minimum amount you promised to spend. The expenditure of eligible pay-per-use resources will be paid for using the savings plan at a discounted rate. If you use partial upfront or zero upfront, you still need to pay the hourly commitment value even if the actual amount for a specific hour is less than the committed amount.

Suppose the price of a c6.xlarge.4 ECS in CN North-Beijing4 is $1.46 USD/hour (discount: 67.8% off), and your hourly commitment is $10 USD. In each hour, the number of c6.xlarge.4 ECSs whose usage can be paid for using the savings plan is as follows: 10/(1.46 x 0.322) = 21.27.

How Do I Buy a Savings Plan?

• Method 1

  Log in to Cost Center, and choose Cost Optimization > Savings Plans > Purchase Recommendations. Then, click Buy Savings Plan in the Operation column of the specified savings plan.

• Method 2

  Log in to Cost Center, and choose Cost Optimization > Savings Plans > Summary. Then, click Buy Savings Plan in the upper right corner of the page.

• Method 3

  Log in to the management console, and choose Compute > Elastic Cloud Server. Then, click Savings Plans in the navigation pane. In the displayed page, click Buy Savings Plan in the upper right corner.

What Will Happen When My Savings Plan Expire?

After your savings plans expire, the pay-per-use resource usage will be billed at standard pay-per-use rates, but the resources will not be released, avoiding any negative impacts on your ongoing services.