Definitely
@EJN! The way I understand it is roughly.
1 Year = cost of 1 year - $145
3 year = cost of 2 year - $285
5 year = cost of 3 year - $430
Again, this is all MSRP pricing. I am sure that if you work with your supply vendor (CDW for example), they can find more savings as well. If you go to humming bird network sales, they sell the 1 year at $84.74 US Dollars.
https://www.hummingbirdnetworks.com/cisco-meraki-license-renewal-lic-ms120-24p-1yr/Hope this answers your question
@Felix_Mugambi.
CMNO, CCNA R+S