Correct. Please note PoE power calculation is a platform specific.
Table 5. Minimum Power Supply Requirements for Full PoE and PoE+
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24-Port PoE Switch
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48-Port PoE Switch
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PoE on All Ports (15.4 W per port)
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One PWR-C2-640 WAC
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One PWR-C2-1025WAC or Two PWR-C2-640 WAC
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PoE+ on All Ports (30 W per port)
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One PWR-C2-1025WAC or Two PWR-C2-640 WAC
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Two PWR-C2-1025 WAC
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http://www.cisco.com/c/en/us/products/collateral/switches/catalyst-3650-series-switches/datasheet-c78-729449.html
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