You do not loose anything by running it on 120V except for the size of the wire, I would run #12 for your 13.4A motor. Your name plate rating is strange as the 240 volt rating should be 1/2 the 120V rating. Since the electric meter measures both phases on 240 you will pay the same with double the amps on 120V
Most motors are dual rated 208/240 but it appears that yours only has a 230V rating, wire it for 120V and be done with it.





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