Amazon EC2: What’s the difference between light, medium and heavy utilization instances?

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Amazon EC2
Cloud Computing
I'm currently using Amazon EC2 but I'm fairly new to it. I keep seeing these different utilization instances but I don't know what they mean they it talks about light, medium and heavy utilization instances. Is it just referring to the price differences? Thank you.

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It’s mainly related to the usage of the instances, although the price is definitely different as well.

You can turn off a light utilization instance and you will not be charged for the hours it is not running, but the hourly rate is higher.  On a heavy utilization instance, you are charged for every hour, regardless of the running state or load of the instance, but the hourly rate is cheaper.  The best option for you will depend on how you use your instances.

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