

I've got an above ground fiberglass pool it's about 7863 gallons. And the pump is a jacuzzi J-P150 1.5 hp pump and the filter is a Hayward S210T.
The guage pressure at the filter head is 23 psi when the filter is clean.
My question is basically what can I do to decrease the power consumption? Would it be much cheaper running if I replace the pump with the 1/2 hp pump suggested in the pump sizing sticky threads on here? Or is there a way to lower the capacity of the pump by replacing the impeller with a smaller one or installing a slower motor or something like that without adversely affecting the hydraulic efficiency of the pump?
I've even thought about spending the almost $700 and buying a variable speed motor for this pump or just buying a variable speed pump outright. But really the whole goal here is to save some money so buying an expensive pump has got to be able to provide enough energy savings to pay off for it to be worth doing.