Will I be billed if my server is off?

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Yes. You will be billed for the resources that are used on the host while your server is in the Active status. When your server is created, you are given a dedicated amount of RAM and hard drive space. As long as your server exists, no one else will be able to use those resources that have been allocated to you – this is why you are billed even while powered off. If you would like to stop incurring charges for a given server, you must delete that server in the Control Panel