Long have many of us waited for Google to add an annual billing option to Google Drive, and probably mostly because we hoped it would come with a discount. It appears today is the day: Google Drive now has options for yearly subscriptions, saving you 16-17% versus the current monthly scheme. The annual plans are offered only at the 100GB and 1TB tiers, at $19.99 and $99.99, respectively. The 1TB annual plan brings Google Drive back into line with pricing for Dropbox Pro, Drive's main competitor. Google's support page hasn't even been updated with this info yet, so it looks like we managed to catch this right as Google flipped the switch.

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