No, it will not reduce the cost at all. Suspending something is a special action that you can play from your hand and requires paying some mana. However, Suspending something is very different from playing it. The Bannerets only reduce the cost to play something, not to suspend it.
Right. Suspend is an activated ability, not an alternate play cost. However, if the actual playing of a suspended spell (after the last counter is removed) had its cost increased by something (say, sphere of resistance), an appropriate banneret (or *scape familiar) would reduce that extra mana.
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