You guys are fun! Didn't anyone ever think of how his wattmeter works? They measure off from 3 legs. The one on your house is the same way except it measures off from 2 legs so you want to balance the 2 legs in your panel to get USEFUL work out of ALL the electricity you are paying for! For the OP, he should use a 3 phase motor to get ALL the useful work out of the Power he is paying for.
As far as VA verses KW use any number between .68 and .82 if it really bugs you but like Mack said, basic cost calculations, his numbers are close enough!