# Monitoring your Savings Plans
Monitoring is an important part of your Savings Plans usage. Understanding the Savings Plans that you own, how they are applying to your usage, and what usage is being covered are important parts of optimizing your costs with Savings Plans. You can monitor your usage in the Savings Plans **Inventory** page or by using utilization and coverage reports. You can also set budgets for your Savings Plans utilization, coverage, and costs.
**Topics**
+ [Viewing your Savings Plans inventory](ce-sp-inventory.md)
+ [Using the Savings Plans utilization report](ce-sp-usingPR.md)
+ [Using the Savings Plans coverage report](ce-sp-usingCR.md)
+ [Using budgets for Savings Plans](sp-usingBudgets.md)
# Viewing your Savings Plans inventory
The Savings Plans **Inventory** page shows a detailed overview of the Savings Plans that you own, or have queued for future purchase.
If you're a user in a member account of AWS Organizations, you can view the Savings Plans owned by your specific member account. If you’re a user in the management account of an organization, you can either view Savings Plans that are owned only by the management account, or you can view Savings Plans that are owned by all accounts in your organization. You can change views by choosing **Account inventory** or **Organization inventory**.
**Note**
You can see your recently purchased Savings Plans in your **Account inventory** shortly after purchase. It might take longer for Savings Plans to appear in your **Organization inventory** view.
**To view your **Inventory** page**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
The Savings Plans table shows the following information for your purchased Savings Plans:
+ **Savings Plan ID** – The unique identifier for each individual Savings Plan.
+ **Account ID** – The account ID that owns the particular Savings Plan. This column only appears in the **Organization inventory** view.
+ **Status** – The status of each Savings Plan. For example, active, queued, etc.
+ **Type** – The type of Savings Plan.
+ **Instance family** – The instance family that your Savings Plan is committed to. This only applies to the EC2 Instance Savings Plans type.
+ **Region** – The AWS Region that your Savings Plan is committed to. This only applies to the EC2 Instance Savings Plans type.
+ **Commitment** – The hourly committed spend for the particular Savings Plan.
+ **MTD net savings** – The actual savings amount compared to On-Demand, based on the usage of the particular Savings Plan commitment. This column only appears in the **Organization inventory** view.
+ **Start date** – The date when the Savings Plan commitment started.
+ **End date** – The date when the Savings Plan commitment ends.
# Renewing a Savings Plan
If your active Savings Plans are nearing expiration, you can queue a purchase to start as soon as the active Savings Plans expire. This helps ensure that you have continuous Savings Plans coverage.
**To queue a Savings Plan purchase to replace an expiring Savings Plan**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
1. Select the reference Savings Plan using the check box.
You can only select one Savings Plan at a time. The selected Savings Plan must be in active status.
1. Choose **Actions**.
1. Choose **Renew Savings Plan**.
1. (Alternative) Choose the reference Savings Plan.
1. On the **Savings Plan details** page, choose **Renew Savings Plan**.
**Note**
**Renew Savings Plan** renews your plan with the same configuration, and fees are charged using the current Savings Plan rate. This automatically sets the new Savings Plan start date to be one second after the reference Savings Plan expiration.
You might want to change your commitment amount depending on changes in your usage or Savings Plans rates from the time you purchased the reference Savings Plan.
1. On the **Cart** page, choose **Submit order**.
To learn more about the **Cart** page, see [Reviewing and finalizing Savings Plans purchases](review-purchase-cart.md).
# Deleting a queued Savings Plan
You can use queued Savings Plans to have continued coverage for your On-Demand usage. However, we understand that your preferences might change as the start date approaches. You can delete your queued purchased using the following process.
**To delete a queued Savings Plan purchase**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. On the navigation pane, choose **Inventory** under the **Savings Plans** section.
1. Select the queued Savings Plans to delete.
The status must be marked as `Queued`.
1. Choose **Actions**.
1. Choose **Delete queued Savings Plans**.
1. (Alternative) Choose the queued Savings Plan.
1. On the **Savings Plan details** page, choose **Delete queued Savings Plan**.
1. In the pop-up window, choose **Delete**.
# Downloading your Savings Plans rates
You can download a CSV file with detailed information for each Savings Plan you own. The file might take longer to download for Compute Savings Plans.
**To download your Savings Plans rates file**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
1. In the **Savings Plans** section, choose **Savings Plans ID**.
1. On the **Savings Plans details page**, choose **Download Savings Plans Rates**.
You can also download your Savings Plans rates using the AWS Price List bulk API. For more information, see [Using the bulk API](https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/using-ppslong.html) in the *AWS Billing User Guide*.
# Downloading your Savings Plans inventory
You can download a CSV file with all of the detailed information for Savings Plans in your Savings Plans table.
**To download your Savings Plans inventory file**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
1. In the **Savings Plans** section, choose **Download CSV**.
You can download all Savings Plans on your **Inventory** page, or select any number of Savings Plans before downloading the CSV file.
# Using the Savings Plans utilization report
Savings Plans utilization shows you the percentage of your Savings Plans commitment that you're using across your On-Demand usage. You can use your Savings Plans utilization report to visually understand how your Savings Plans apply to your usage over the configured time period. Along with a visualized graph, the report shows high-level metrics based on your selected Savings Plan, filters, and lookback periods. Utilization is calculated based on how your Savings Plans applied to your usage over the lookback period.
For example, if you have a \$110/ hour commitment, and your usage billed with Savings Plans rates totals to \$19.80 for the hour, your utilization for that hour is 98 percent.
**To view your utilization report**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
1. In the **Savings Plans** section, choose the relevant **Savings Plan ID**.
1. In the **Savings Plan details**, choose **View utilization report**.
**Note**
When your account is in a billing group (standard or billing transfer), Savings Plans utilization reports show pro forma data. For more information about pro forma data, see [What is Billing Conductor?](https://docs.aws.amazon.com/billingconductor/latest/userguide/what-is-billingconductor.html).
# Understanding utilization metrics and calculations
You can find high-level metrics in the **Utilization report** section.
+ **Savings Plans spend** – Your Savings Plans commitment spend over the lookback period.
+ **On-Demand spend equivalent** – The amount you would have spent on the same usage if you didn’t commit to Savings Plans. This amount is the equivalent On-Demand cost based on current On-Demand rates.
+ **Total net savings** – The amount you saved using Savings Plans commitments over the selected time period, compared to the On-Demand cost estimate.
You can see your Savings Plans utilization at an hourly, daily, or monthly granularity, based on your lookback period. You can customize your filters by member account, AWS Region, Savings Plans type, and instance family in the **Filters** section.
If you’re a user in a management account, you can see the aggregated utilization for the entire Consolidated Billing family.
# Downloading your Savings Plans utilization report
You can download a CSV file of your Savings Plans utilization report data.
**To download your utilization report**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Utilization report**.
1. On the **Utilization report** page, choose **Download chart (CSV)**.
# Using the Savings Plans coverage report
The Savings Plans coverage report shows what percentage of your applicable AWS usage costs are being covered by your Savings Plans during your selected time period.
**To view your coverage report**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Inventory**.
1. In the **Savings Plans** section, choose the relevant **Savings Plan ID**.
1. In the **Savings Plan details**, choose **View coverage report**.
**Note**
When your account is in a billing group (standard or billing transfer), Savings Plans utilization reports show pro forma data. For more information about pro forma data, see [What is Billing Conductor?](https://docs.aws.amazon.com/billingconductor/latest/userguide/what-is-billingconductor.html).
# Understanding coverage metrics and calculations
You can find the following high-level metrics in the **Coverage report** section:
+ **On-Demand spend not covered** – The amount of eligible savings spend that was not covered by Savings Plans or Reserved Instances over the lookback period.
+ **Average coverage** – The aggregated Savings Plans coverage percentage based on the selected filters and look-back period.
+ **Potential monthly savings vs On-Demand** – Your potential savings amount based on your Savings Plans recommendations. This is shown as a monthly amount.
Coverage is calculated as:
(On-Demand equivalent of usage covered by your Savings Plans)
÷
(On-Demand equivalent usage covered by your Savings Plans \$1 Savings Plans eligible amount that was billed at On-Demand rates)
For example, if you are running 10 identical instances with an On-Demand price of \$11.00/hour, and 9 of the 10 instances that you're running are covered by your Savings Plans commitment, your coverage would be 90 percent.
(9 Savings Plans covered instance \$1 \$11.00/hour OD rate)
÷
(9 Savings Plans covered instances \$1 \$11.00/hour OD rate \$1 1 On-Demand Instance \$1 \$11.00/hour OD rate)
You can see your usage at an hourly, daily, or monthly granularity. Usage is calculated using your selected lookback period. You can customize your filters by member account, AWS Region, instance family, service, and cost category in the **Filters** section.
If you’re a user in the management account, you can see the aggregated coverage for the entire Consolidated Billing family.
# Downloading your Savings Plans coverage report
You can download a CSV file of your Savings Plans coverage report data.
**To download your coverage report**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, under **Savings Plans**, choose **Coverage report**.
1. On the **Coverage report** page, choose **Download chart (CSV)**.
# Using budgets for Savings Plans
You can use AWS Budgets to set budgets for your Savings Plan utilization, coverage, and costs. You can track your costs as you continue to optimize through AWS.
You can create and set up a budget for your Savings Plans in two ways:
+ [Using a template (simplified)](https://docs.aws.amazon.com/savingsplans/latest/userguide/sp-create-savingsplans-budget-template.html)
+ [Customizing a budget (advanced)](https://docs.aws.amazon.com/savingsplans/latest/userguide/sp-create-savingsplans-budget.html)
For more information, see [Managing Your Costs with AWS Budgets](https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/budgets-managing-costs.html) in the *AWS Cost Management User Guide*.
# Using a template to create a Savings Plans budget
Use the following procedure to create a coverage budget for your Savings Plans using a template.
You can create a budget using a template with recommended configurations. Budget templates are a simplified way to start using AWS Budgets, with a single page workflow, unlike the 5-step workflow that is required for [Customizing a budget (advanced)](https://docs.aws.amazon.com/cost-management/latest/userguide/custom-budgets.html).
**To create a Savings Plans coverage budget using a template**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, choose **Budgets**.
1. At the top of the page, choose **Create budget**.
1. Under **Budget setup**, choose **Use a template (simplified)**.
1. Under **Templates**, choose **Daily Savings Plans coverage budget**.
1. For **Budget name**, enter the name of your budget. Your budget name must be unique within your account and can use A-Z, a-z, spaces, and the following characters:
```
_.:/=+-%@
```
1. For **Coverage threshold**, enter the coverage percentage that you want AWS to notify you at. For example, for a coverage budget where you want to stay above 80 percent, enter **80**. Budget notifies you when your overall coverage goes below 80 percent.
1. For **Email recipients**, enter the email addresses that you want the notifications to be sent to. Separate multiple email addresses with a comma. A notification can have up to 10 email addresses.
1. Choose **Create budget**.
# Customizing a Savings Plans budget
Use the following procedure to create a customized budget for Savings Plans utilization or Savings Plans coverage.
You can customize a budget to set parameters specific to your use case. You can customize the time period, the start month, and specific accounts. Creating a customized budget involves a 5-step workflow.
**To create a Savings Plans budget**
1. Open the Billing and Cost Management console at [https://console.aws.amazon.com/costmanagement/](https://console.aws.amazon.com/costmanagement/).
1. In the navigation pane, choose **Budgets**.
1. At the top of the page, choose **Create budget**.
1. Under **Budget setup**, choose **Customize (advanced)**.
1. Under **Budget types**, choose **Savings Plans budget**.
1. Choose **Next**.
1. For **Budget name**, enter the name of your budget. Your budget name must be unique within your account and can use A-Z, a-z, spaces, and the following characters:
```
_.:/=+-%@
```
1. For **Period**, choose how often you want the budget to reset the actual and forecasted spend. Choose **Daily** for every day, **Monthly** for every month, **Quarterly** for every three months, or **Annually** for every year. All budget times are in UTC.
1. For **Monitor my spend against**, choose what you want the budget to track.
**Utilization of Savings Plans** is how much of your Savings Plans you've used.
**Coverage of Savings Plans** is how much of your usage a Savings Plan covers.
1. For **Utilization threshold**, enter the utilization percentage that you want AWS to notify you at. For example, for a utilization budget where you want to stay above 90 percent Savings Plans utilization, enter **90**, and the budget notifies you when your overall Savings Plans utilization goes below 90 percent.
1. For **Coverage threshold**, enter the coverage percentage that you want AWS to notify you at. For example, for a coverage budget where you want to stay above 80 percent, enter **80**. Budget notifies you when your overall coverage goes below 80 percent.
1. Under **Budget scope**, add [filtering](https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/budgets-create-filters.html) and use advanced options to narrow the set of cost information tracked as part of your budget.
1. Choose **Next**.
1. Under **Alert settings**, choose whether to send budget alerts via email and/or Amazon SNS topic.
1. For **Email recipients**, enter the email addresses that you want the notifications to be sent to. Separate multiple email addresses with a comma. A notification can have up to 10 email addresses.
1. (Optional) For **Amazon SNS ARN**, enter the Amazon Resource Name (ARN) for your Amazon SNS topic.
If you want to use an Amazon SNS topic for your notification but don't have one, see [Create a Topic](https://docs.aws.amazon.com/sns/latest/dg/CreateTopic.html) in the *Amazon Simple Notification Service Developer Guide*.
AWS verifies that your budget has permission to send notifications to your Amazon SNS topic by sending a test email to your Amazon SNS topic.
For a sample policy and instructions on granting your budget permissions, see [Creating an Amazon SNS Topic for Budget Notifications](https://docs.aws.amazon.com/awsaccountbilling/latest/aboutv2/budgets-sns-policy.html). A notification can be subscribed to only one Amazon SNS topic.
1. Choose **Next**.
1. Choose **Create budget**.