BFL13,
My watt meter (120 volt) does show instantaneous load and can count watt-hours as well.
I prefer watts because when there is voltage sag--it still shows me the amount of energy I'm consuming.
That's how I found out that the roof air, on a hot day, after running continuously for several hours, draws up to 1920 watts.
That caused me to abandon my idea of running the air conditioner from solar. I simply don't have room for that many panels on the roof--and I'm at 102 inches in width--so I can't "do" awnings made from solar panels.
I could have done a double layer rack with actuators....but the cost prevents that.