"The price reduction you receive, depends on the region you choose, whether you take out a 1 or 3 year term and finally the instance family you commit to in you

"The price reduction you receive, depends on the region you choose, whether you take out a 1 or 3 year term and finally the instance family you commit to in your agreement. Price reductions vary from between 1% to a massive 18% on what you were previously paying" 18% reductions for 1 year terms in Europe. 8% in mnt US region for 1 year term. No savings elsewhere. Some prices reductions elsewhere in the world.