1HP = 746Watts is a fundamental bit of physics.
Horse Power and Watts are just two different units for the physical quantity "Power", in the same way as Pounds per Square Inch (PSI) and Bar are different units for the physical quantity "Pressure".
1hp = 746watts no matter how efficient the motor or how much friction in the bearings.
1bar = 14.5psi no matter how efficient the pump or whether it is pumping water or treacle.
JimB
