You can delete your instance when you no longer need it. This is referred to as terminating your instance. As soon as the state of an instance changes to shutting-down or terminated, you stop incurring charges for that instance.
You can't connect to or restart an instance after you've terminated it. However, you can launch additional instances using the same AMI. If you'd rather stop and restart your instance, or hibernate it, see Stop and Start Your Instance or Hibernate Your Linux Instance. For more information, see Differences Between Reboot, Stop, Hibernate, and Terminate.
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