Wanting to make sure I understand how to calculate energy use correctly 
My pump draws 12 amps at 115 volts.
So-
12 x 115 = 1380 watts.
1380 / 1000 = 1.38 kwh
My electricity costs $.08618 per kwh, so
1.38 x .08618 = $.1189384 per hour to run.
12 hours daily would cost 12 x .1189384 = $1.43 or x 30 = $42.81 monthly.
24 hours would be double, or $2.86 daily and $85.80 monthly.
Right?
My pump draws 12 amps at 115 volts.
So-
12 x 115 = 1380 watts.
1380 / 1000 = 1.38 kwh
My electricity costs $.08618 per kwh, so
1.38 x .08618 = $.1189384 per hour to run.
12 hours daily would cost 12 x .1189384 = $1.43 or x 30 = $42.81 monthly.
24 hours would be double, or $2.86 daily and $85.80 monthly.
Right?