How to do it...

  1. Go to the EC2 web console, select Reserved Instances, then Purchase Reserved Instances:
  1. We now need to perform a search for the instance type you wish to purchase. In this example, we're going to choose the following:
  • Platform: Linux/UNIX
  • Tenancy: Default
  • Offering Class: Standard
  • Instance Type: t2.micro
  • Term: 1 months-12 months
  • Payment Option: All Upfront
  1. Obviously, choose the options that best match your workload. You almost certainly want to choose Default as Tenancy here. Dedicated tenancy/instances are run on hardware that will be occupied by only one customer (you) and are a lot more expensive:
  1. The console ...

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