- Go to the AWS EC2 dashboard
- Click the Instances, in the left pane
- Right click on the Instance, select Instance State, and select Stop
- Wait until the instance is stopped
- Right click on the Instance, select Instance Settings, and select Change Instance Type
- Select from the drop-down menu the desired instance type
- Right click on the Instance, select Instance State, and select Start
- Every time an instance is stopped and launched again, AWS assigns a new IP to that instance
- Copy the IP from the AWS EC2 dashboard