Virtualization technology has revolutionized the mobile network and widely used in 5G innovation. It is a way of computing that allows dynamic leasing of server capabilities in the form of services like SaaS, PaaS, and IaaS. The proliferation of these services among the users led to the establishment of large-scale cloud data centers that consume an enormous amount of electrical energy and results into high metered bill cost and carbon footprint. In this paper, we propose three heuristic models namely Median Migration Time (MeMT), Smallest Void Detection (SVD) and Maximum Fill (MF) that can reduce energy consumption with minimal variation in SLAs negotiated. Specifically, we derive the cost of running cloud data center, cost optimization pr...