Alright, a server will be more power hungry than e.g. your desktop, but... This specific Dell R630 has 2x 750W PSUs in it. That 750W is the maximum rating of one power supply, and there's 2 of them for redundancy - not for increased power intake. That server will run at 750W maximum - but that is the absolute, absolute maximum power it should draw. It's when you have all the rails loaded to the limit and running the server to the ground.
A more realistic scenario would be e.g. 100W or so on average.
The worse problem if running this server at home would be the terrible small high-RPM fans they have in 1RU servers. The loud high-pitched whine of them will drive you nuts. A better idea would be to get either a lower-power 1RU pizza box, or something larger that can take larger fans - replacing the fans with something quieter and adjusting the fan controller to spin at lower RPMs.
>1000W per hour
This is just wrong.