About Renewing a Domain
Domains are "leased" to customers for a certain period of time before they expire and are available to the general public again. Renewing a domain allows you to extend the "lease" on the domain and use the domain for a longer period of time. You can renew a domain for up to 10 years at a time.
Like domain prices themselves, domain renewal prices are not fixed. The amount you pay for the same domain next year could be higher or lower than what you paid this year. You can look up the current renewal price for any domain on Sav on the pricing tab.