A submersible pump is provided featuring: a motor; run/start capacitors having run/start capacitor connectors; a housing having a motor housing portion and a run/start capacitor housing portion separated by a housing wall, the motor housing portion having a motor housing chamber to receive/contain the motor and oil for immersing the motor in an oil bath, the run/start housing portion having a run/start housing chamber, the housing wall having connection ports to allow sealed connections between electrical components in the motor housing portion and the run/start capacitor housing portion; a removable motor housing cover to couple/close the motor housing portion; a removable run/start capacitor housing cover to couple/close the run/start capacitor housing portion; and a capacitive cup having a side wall portion and a bottom wall portion, to be removeably arranged in the run/start capacitor housing chamber, the bottom wall portion to mount the run/start capacitors to be contained/surrounded by the side wall portion, the bottom wall portion having corresponding connection ports to allow the sealed connections between the run/start capacitor connectors and the electrical components in the motor housing portion in order to couple the run/start capacitors to the motor.