You'd probably benefit more -- and pay less -- by putting a 2-speed motor on your pump, like this one:
http://www.a1poolparts.com/-strse-12...eed/Detail.bok
You'll need a DPDT (double pole - double throw) toggle switch, to switch between the speeds, unless you get the 3/4 HP motor. (SPDT for that one). But, with a 2 speed, you get ~1/2 the flow for ~1/6 the electricity. You can operate the pump on low 24/7 except when backwashing, vacuuming, or cleaning up. With a sand filter, you'll actually get BETTER water filtration on the low speed.
Be careful to not get tripped up by the "Full rate" / "Up rate" label game. 2-speed motors are listed by full rate HP, which means a 3/4 HP full rate = a 1 HP uprate. Most 1 speed pumps (like yours) are sold with uprate labels. The parts salesman should be able to get that straight for you. BTW, you can use a larger motor with a smaller diffuser / impeller, and the motor loading and amp draw will be set by the impeller diffuser load. So, a 1.5 HP motor with a 1 HP impeller / diffuser will draw 1HP, not 1.5 HP.
Bottom line: you can use a MOTOR that is oversize, but not undersize. Also, you can 'downrate' a pump by replacing the impeller / diffuser with the next step down, but you cannot 'uprate' the same way -- it would overload and burn up the motor.
Hope this is clear.
Ben
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