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Copy file name to clipboardExpand all lines: articles/cost-management-billing/savings-plan/renew-savings-plan.md
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# Automatically renew your Azure savings plan
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You can automatically purchase a replacement savings plan when an existing savings plan expires. Automatic renewal provides an effortless way to continue getting savings plan discounts without having to closely monitor a savings plan's expiration. The renewal setting is turned off by default. Enable or disable the renewal setting anytime, up to the expiration of the existing savings plan.
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Renewing a savings plan creates a new savings plan when the existing one expires. It doesn't extend the term of the existing savings plan.
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You can opt in to automatically renew at any time.
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There's no obligation to renew and you can opt out of the renewal at any time before the existing savings plan expires.
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## Required renewal permissions
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The following conditions are required to renew a savings plan:
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For Enterprise Agreements (EA) and Microsoft Customer Agreements (MCA):
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Billing admin For Enterprise Agreements (EA) and Microsoft Customer Agreements (MCA):
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- You must be either a Billing profile owner or Billing profile contributor of an MCA account
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- You must be an EA administrator with write access of an EA account
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- You must be a Savings plan purchaser
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- MCA - You must be a billing profile contributor
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- EA - You must be an EA admin with write access
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For Microsoft Partner Agreements (MPA):
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- You must be an owner of the existing savings plan.
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- You must be an owner of the subscription if the savings plan is scoped to a single subscription or resource group.
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- You must be an owner of the subscription if it has a shared scope or management group scope.
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- You must be an owner of the subscription.
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## Set up renewal
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## If you don't automatically renew
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Your services continue to run normally. You're charged pay-as-you-go rates for your usage after the savings plan expires. If the savings plan wasn't set for automatic renewal before expiration, you can't renew an expired savings plan. To continue to receive savings, you can buy a new savings plan.
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Your services continue to run normally. You're charged pay-as-you-go rates for your usage after the savings plan expires. You can't renew an expired savings plan - to continue to receive savings, you can buy a new savings plan.
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## Default renewal settings
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By default, the renewal inherits all properties except automatic renewal setting from the expiring savings plan. A savings plan renewal purchase has the same billing subscription, term, billing frequency, and savings plan commitment.
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However, you can update the renewal commitment, billing frequency, and commitment term to optimize your savings.
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By default, the renewal inherits all properties except automatic renewal setting from the expiring savings plan. A savings plan renewal purchase has the same billing subscription, term, billing frequency, and savings plan commitment. The new savings plan inherits the scope setting from the expiring savings plan during renewal.
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However, you can explicitly set the hourly commitment, billing frequency, and commitment term to optimize your savings.
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## When the new savings plan is purchased
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A new savings plan is purchased when the existing savings plan expires. We try to prevent any delay between the two savings plan. Continuity ensures that your costs are predictable, and you continue to get discounts.
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## Change parent savings plan after setting renewal
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- Transferring the savings plan from one account to another
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- Renew the enrollment
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The new savings plan inherits the scope setting from the expiring savings plan during renewal.
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