September 2022 - OpenAI API Pricing Update FAQ
Raf avatar
Written by Raf
Updated over a week ago

This article reflects a historical pricing update, please visit openai.com/api/pricing for the most up-to-date pricing


1. What are the pricing changes?

We’re reducing the price per token for our standard GPT-3 and Embeddings models. Fine-tuned models are not affected. For details on this change, please see our pricing page: https://openai.com/api/pricing/

MODEL

BEFORE

ON SEPT 1

Davinci

$0.06 / 1k tokens

$0.02 / 1k tokens

Curie

$0.006 / 1k tokens

$0.002 / 1k tokens

Babbage

$0.0012 / 1k tokens

$0.0005 / 1k tokens

Ada

$0.0008 / 1k tokens

$0.0004 / 1k tokens

Davinci Embeddings

$0.6 / 1k tokens

$0.2 / 1k tokens

Curie Embeddings

$0.06 / 1k tokens

$0.02 / 1k tokens

Babbage Embeddings

$0.012 / 1k tokens

$0.005 / 1k tokens

Ada Embeddings

$0.008 / 1k tokens

$0.004 / 1k tokens

2. When will this price reduction take effect?

These changes will take effect on September 1, 2022 00:00:00 UTC.

3. What led you to drop the prices?

We have been looking forward to reducing pricing for a long time. Our teams have made incredible progress in making our models more efficient to run, which has reduced the cost it takes to serve them, and we are now passing these savings along to our customers.

4. Which models are affected by this change?

The change affects our standard GPT-3 and Embeddings models. Fine-tuned models are not affected. As of August 2022, these models include:

  • text-davinci-002

  • text-curie-001

  • text-babbage-001

  • text-ada-001

  • davinci

  • curie

  • babbage

  • ada

  • text-similarity-ada-001

  • text-similarity-babbage-001

  • text-similarity-curie-001

  • text-similarity-davinci-001

  • text-search-ada-doc-001

  • text-search-ada-query-001

  • text-search-babbage-doc-001

  • text-search-babbage-query-001

  • text-search-curie-doc-001

  • text-search-curie-query-001

  • text-search-davinci-doc-001

  • text-search-davinci-query-001

  • code-search-ada-code-001

  • code-search-ada-text-001

  • code-search-babbage-code-001

  • code-search-babbage-text-001

5. Can I get a refund for my previous usage?

Our new pricing is effective September 1, 2022 00:00:00 UTC. We will not be issuing refunds.

6. How does it affect my existing usage limits this month?

This change will not change the soft or hard usage limits configured on your account. If you would like to change your usage limits, you can adjust them anytime in your account settings.

7. Are the changes going to be reflected on the October bill?

Changes will be reflected on the September invoice which will be issued in October. You will also be able to see the changes in the usage panel in your account settings on September 1st.

If you have any other questions about the pricing update - please log into your account and start a new conversation using the on-site chat tool.

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