In order to get an accurate reading for the "clamped" power, you need to use resistors, a true RMS meter and an oscilloscope. As mentioned above, just b/c your subs are rated a 1 ohm, this is a nominal rating and may not be consistent based on the frequency you use. I've tested 35, 50, 100 or 1000Hz and for full range amps, don't see much difference between the output and test frequencies. Obviously for sub amps, you'll want to use 100hz or lower for the test frequency.
The oscilloscope is used to determine when the amp is clipping. You could alternatively use the SMD DD-1 in replacement of an oscilloscope. I use a Velleman HPS50 o'scope, which includes a built-in RMS volt meter (aka "Clamp meter") and audio measurements for 2, 4, 8, and 16 ohms. Other ohm measurements are easy, just take the RMS voltage figure, square it and divide by the ohm load.
I put up a YouTube video a while back explaining the process and showing my tools:
(I've since added another resistor bank giving me 1600w total and the ability to test 4 channels at 4 ohms, 2 channels at 2 ohms and 1 channel at 4 or 1 ohm)