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ElastiCache: Purchase Reserved Instances

Updated this week

Difficulty: Commitment

Description

We have identified ElastiCache nodes in your account that are not covered by a Reserved Instance. Reserving ElastiCache nodes that represent a steady-state workload can lead to significant cost savings on your ElastiCache usage.


Selection Criteria

  • The ElastiCache node has not been covered by a Reserved Instance in the last 7 days.

  • The ElastiCache node has maintained a steady-state workload for more than 7 days.


Expected Saving

Up to 36% savings with a 1-year No Upfront Reserved Instance, and up to 54% with a 3-year All Upfront commitment, compared to On-Demand pricing.


Operational Impact

  • ⚠️ Warning — Financial commitment: Reserved Instances are a 1 or 3-year billing commitment. Ensure the workload is stable and long-term before purchasing.

  • ⚠️ Warning — Instance type lock-in: RIs are tied to a specific instance type and region. If the node type changes after purchase, the unused RI must be sold on the AWS Marketplace or will continue to be billed until expiry.


References

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