Earlier today, Google announced that it was slashing the monthly price for its additional Google Drive storage space. Customers will continue to receive the standard 15GB completely free of charge, but if you find yourself requiring more space, you’ll have peace of mind knowing that you now have to pay that little bit less in order to get it.

“Having launched Google Drive just two years ago, we’re excited that so many people are now using it as their go-to place for keeping all their files. Whether it’s all the footage of your kids’ baseball games, the novel you’re working on, or even just your grocery list for the week, we all have files that are too important to lose. Today, thanks to a number of recent infrastructure improvements, we’re able to make it more affordable for you to keep everything safe and easy to reach on any device, from anywhere.” Says Google, in a post on its official blog.

100GB of additional storage space will now set you back just $1.99 per month which is a considerable $3 less than the previous price of $4.99. 1TB will now cost a mere $9.99 a month – that’s a colossal $40 discount when compared to the former price of $49.99. Finally, 10TB or more will now cost a relatively hefty $99.99 per month, though, many financing options are currently available.

What do you think of the new, cheaper price plans? Be sure to let us know in the comments below.

• SourceGoogle Blog