I used the worksheet I linked to in previous mail. I plugged in the electric cost of $0.0811, which is the average cost of the two # you listed. I entered an 8 hour run time.
You did not list your existing pump model, so can not give you estimates based upon you exact model. For simplicity I limited comparison to just 3 pumps - the single speed 1HP Pentair SuperFlo, the 2-speed 1HP Pentair SuperFlo and the 1.5HP Pentair SuperFlo VS. I entered a $0 cost for the single speed since it represents the pump you already own.
You can download the work sheet and select the specific models you want to get a comparison, but this shows that a VS can make sense depending upon how you run it.
So assuming you would run the 2 speed at the lower speed (1725 RPM) and the VS at 1300 RPM, you would see a cost savings of about $25/month with the VS and $22/month with the 2 speed. This shows a break-even (when pump savings have equaled the cost of new pump) of just over 24 months. And the VS becomes the better choice after 66 months.
Saving can increase if you run the pump at lower speeds or longer periods of time.
There are some other advantages to a VS. For example, the Pentair SuperFlo VS you can program up to 3 time/speeds a day. So could come on initially at higher rpm to make sure skimmer pulls off surface debris, then go to lower speed for period to keep water flow (and meet SWG flow if you have one), then at maybe other speed for running vac. Can override these as well at any time. Also, has a "quick clean" button which will run a programmed speed to perform clean cycle, after which it returns to the programmed speed. I've used if I come out and we're going to swim soon and there are a lot of pine needles floating around - goes up to higher speed and sucks them out more quickly than when running at my lower rate. Some (not this one) have a freeze-protect mode, which will run pump when temperature gets near freezing - good for those that leave pool open all year.
Can't really lose with the upgrade to either. Just will say, that if you plan to ever go to a SWG, the VS may be a better choice, as there have been those that could not run their 2 speed at the lower speed when running the SWG because the flow rate was not sufficient. Would not have been an issue for me, but chose VS as I want to run longer (24/7 during peak season - use water jets at night to cool pool for example).