Are AWS Static IP addresses free of charge ?

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Static IP addresses (Elastic IP) are free when they are attached to an instance. When you shut the instance down, it is allocated back your pool unless you delete them. To keep the same IP address you are charged $.01 per hour. Think of it like a reservation fee. Cloudmgr provides easy management tools to delete, attach and de-attach Elastic IP addresses. See details Cloudmgr Elastic IP 

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