1200 watts is right in line with the NEC.
NEC Table 430.248 lists a 1/2 HP 115 volt single phase motor at 9.8 amps or 1127 watts.
If you are doing NEC 220 load calcuations for watt at 115V 1/2HP you would actually do the following:
1) look up amps in table 430.248 at 115V- 1/2 HP or 9.8A.
2) Then to find the watts you would take 9.8A x 120V = 1,176 watts.
I base this on the following Code references:
220.5 (A) says for load calculations you must use nominal system voltages of 120,240,208,480?.
NEC 220.50 Motor loads shall be calculated in accordance with 430.24,430.25, and 430.26 and with 440.6 for hermetic refrigerant motor compressors.
NEC 430.24 says you have to go 125% of NEC 430.6(A) which references the NEC 430.xxx Tables.
NEC 430.6(A)(1) Table Values says Tables 430.248,.249,.250 shall be used to determine the ampacity of conductors or ampere rating of switches, short- circuit and ground fault protection instead of the actual current rating marked on the motor nameplate. If the motor only has ampere on it then you have to use the tables to figure out (interpolated if necessary) the HP and then use the table value for the current.
See note under Table 430.248 which says, ??The voltages listed are rated motor voltages. The currents listed shall be permitted for system voltage ranges of 110 to 120 and 220 to 240 volts?. Table 430.250 says, ?? The voltages listed are rated motor voltages. The voltages listed are rated motor voltages. The current listed shall b permitted for system voltage ranges of 110 to 120, 220 to 240, 440 to 480, and 550 to 600 volts?. The current use is NOT based on the actual voltage, but the motor voltage rating.