140710-2211 EDT
darekelec:
There may be a big difference depending upon what is the reason and basis for your question.
For example:
If you connect a TED 1000 energy monitor to a split-single phase source the power and energy measurements will be approximately correct. Connect to two phases of a 3-phase system and there can be a substantial error.
Connect a 10 ohm resistor line-to-line to the two different sources and the power dissipated will be different. Less on the 3-phase system because line-to-line is 208 and not 240.
On the center tapped single phase system the two voltages relative to the center tap are 180 deg out of phase. On the 3-phase Y system the phase shift of one line to Y-center is 120 deg out of phase with either of the other two lines to Y-center.
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