Understanding your Savings Plans overview - Savings Plans

Understanding your Savings Plans overview

You can use the Overview page on the AWS Cost Management console to see any Savings Plans that you own, in addition to potential savings opportunities.

If you currently don't own any Savings Plans, the Overview page shows a summary of how Savings Plans work, along with recommended Savings Plans purchases based on your past usage.

To access the Savings Plans overview

  1. Sign in to the AWS Management Console and open the AWS Cost Management console at https://console.aws.amazon.com/cost-management/home.

  2. On the navigation pane, choose Savings Plans.

Savings opportunities

Your savings opportunities are shown under Additional savings opportunities or Savings opportunities, depending on whether you’ve made past Savings Plans purchases or not.

To view your detailed recommendations, choose View recommended savings plans. To learn more about how your Savings Plans recommendations are calculated, see Understanding your Savings Plans recommendations.

Savings Plans details

After you purchase Savings Plans, you see a Savings Plans details section in your Overview page. The Savings Plans details section shows the following metrics related to your purchased Savings Plans:

  • Type – Determines the summary by Savings Plans type.

  • MTD/YTD plans – The number of Savings Plans that have been active during the selected period.

  • MTD/YTD commitment – The total amortized commitments during the selected period.

  • MTD/YTD utilization – The average utilization percentage during the selected period.

  • MTD/YTD savings – The total savings from Savings Plans during the selected period.

To see details of the Savings Plans you own, choose View all in the Savings Plans details section, or choose Inventory in the left navigation pane.

Managing your Savings Plans alerts

You can track your Savings Plans expirations and upcoming queued Savings Plans in Cost Explorer. You can use Savings Plans alerts to receive advance email alerts 1, 7, 30, or 60 days before your Savings Plan expiration date, or in when a commitment is queued for purchase. These notifications also alert you on the expiration date, and can be sent to up to 10 email recipients.

For information about how to manage your Savings Plans alert subscriptions, see View, create, update, and delete reservation and Savings Plans alerts in the AWS Billing and Cost Management User Guide.

To turn on Savings Plans expiration or queued purchases alerts

  1. Open the AWS Cost Management console at https://console.aws.amazon.com/cost-management/home.

  2. In the navigation pane, under Savings Plans, choose Overview.

  3. Choose Manage alert subscriptions.

  4. In the Alert frequency section, select all of the dates that you want to receive your alerts.

  5. In the Email recipients section, enter your recipients' email addresses.

  6. Choose Save.

AWS monitors your Savings Plans settings and automatically sends you alerts according to your preferences.