They haven't multiplied energy by time. What they have done is to say that if the power is 12,000 W, then the amount of energy being developed every second is 12,000 J, using the fact that (as you say) P = E/t. So, each second (i.e. setting t = 1), P = E. But the energy of the beam is made up of the KE of all of the electrons that arrive, and since there are 7.5 x 10^17 arriving each second, this needs to be taken into account.