+Effective June 1, 2024, the monthly base instance fee of the Developer tier of Azure Data Manager for Energy will be $2,898 (US East Region). This reflects a 75% cost savings to our customers/partners compared to the previous base instance price of $11,680 per month (US East) and provides ongoing support to our partners and customers as they continue their application modernization and interoperability efforts. The monthly cost above is based on an hourly rate of $3.97 (US East) and an assumption of 730 hours for a given month. These new cost savings will be reflected in all available regions where the product is available based on current regional rate adjustments. Regional differences and additional pricing details will be reflected on the product's [pricing](https://azure.microsoft.com/pricing/details/energy-data-services) page. Note that the pricing page will reflect the current price and will be updated to the new pricing amount on the effective date listed above.
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