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Utility Pricing
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(If you just want to know how much it will cost without all the details, use the Utility RateCalc).
At OpenHosting we use Utility Pricing. Unlike most other providers who charge you a fixed amount for a fixed amount of resources, the Utility Pricing model allows for varying resource allocation throughout the billing period ensuring that you are billed in accordance with how much resources you actually use thereby giving the best and fair price.
Utility Pricing isn't different from how you pay for electricity or water. You use more, you pay more. And the more you use, the cheaper the price.
How it works:
Our Utility Pricing Model applies to three resources for which we charge:
- Disk
- Memory (RAM)
- Network Transfer (Bandwidth)
We measure and record your resource utilization every minute. At the beginning of the month we add it all up and send you an invoice charging you for two key components:
- Next Month Commit - How much you pay ahead for the next month.
- Last Month Usage - The cost of resources you've used last month if it exceeded last month's Commit.
Higher commit levels provide you higher usage discounts. Our current commit levels are:
| Commit Level: | $ 19.95 | $ 29.95 | $ 39.95 | $ 69.95 | $129.95 | $169.95 |
|---|---|---|---|---|---|---|
| Discount: | 0% | 5% | 8% | 10% | 12% | 15% |
You can have our system automatically select your commit level based on the last month usage, or you can set it manually if you wish.
The lowest commit level is $19.95. This means you always pay at least $19.95/month per VPS.
You can save even more by pre-paying. This is like maintaining a little bank account with us from which we will draw monthly to cover your invoices. Depending on the level of pre-payment, we will contribute additional dollars to your account:
| Pre-payment level | Our contribution |
|---|---|
| $50 | $1.50 (3.0%) |
| $100 | $5.00 (5.0%) |
| $200 | $16.00 (8.0%) |
| $300 | $30.00 (10.0%) |
Pre-payment can be spread over all your VPS's.
Current Rates
The actual Utility Rates as of today are:
| Per 1 minute | 30 days | |
|---|---|---|
| Disk, 1GB | US$ 0.00003041 | US$ 1.31 |
| RAM, 1GB | US$ 0.00052429 | US$ 22.65 |
| Network, 10GB | US$ 0.96636764 |
|---|
Other Price Items
Each VPS gets 1 IP address. Additional IPs are $2/IP/month.