My neighbor just purchased a variable speed pump and says he is saving huge money on his electrical costs. Is this for real? By Strategic Media, Inc.|2017-10-09T13:40:36-04:00October 9th, 2017| Yes, it is for real. Savings can range from $300 to $1,000 per year depending on pump size, plumbing, and actual run times. Share This Story, Choose Your Platform! FacebookXRedditLinkedInTumblrPinterestEmail