Yes, thermistors.
You may need that if current varies a lot. But I think that a 1.5 HP pump motor won't change vary much. Perhaps the starting current can hurt the lamp/LEDs.
Do tis:
1. Find a small non-potted transformer with some space left between core and winding.
2. Put one of the wires through the hole.
3. Connect a couple of LEDs to the primary of the transformer. Connect them in "anti-parallel" so that one LED lights on positive half-cycles and the other on negative ones. A LED usually works over a rather broad current range - from 1 mA to 50 mA should be possible if you run it on half-waves.
4. Short out the LEDs when you start the pump. That will allow a "Life after start".
5. Open the short to see if there is any light at all. If it looks OK, and not too Bright, you should try and stop/start the pump several times to see if the LEDs survive.
If they don't light brightly enough or if they are too bright, you will need to do some measurement and perhaps some calculations. But try it out first - you may be lucky the first time...
Gunnar Englund
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Half full - Half empty? I don't mind. It's what in it that counts.