I'm looking at two options for a 60" x 30" x 20" Tank along the lines of this thread topic. I love my Radions, but I'm trying to look objectively at my options while considering upfront & recurring costs (monetary and energy).
Option 1: Radion XR30 x 3 (I'd probably add some strip lighting too, but I'll leave that out to give the advantage to the LED argument)
Fixture Price: $2850
Bulb Cost: $0 / year
Life Expectancy: 5 Year Service Life
Energy Consumption: 815 Watts
5 Year Energy Cost @ 12 Hours/Day @ 100% Intensity @ $0.15/kWh: $2020
Total 5 Year Lighting Cost @ 100%: $4870
Total 5 Year Lighting Cost @ 79%: $4445 (I run my current Radions around 85% intensity, so this is probably more realistic anyhow.)
Option 2: ATI SunPower 60" 8x80 Watt Fixture
Fixture Price: $792
Bulb Cost: ~$200 / year
Life Expectancy: 5 Year Service Life
Energy Consumption: 640 Watts @ 100%
5 Year Energy Cost @ 12 Hours/Day 100% Intensity @ $0.15/kWh): $2100
Total 5 Year Lighting Cost @ 100%: $3892
Total 5 Year Lighting Cost @ 79%: Not Adjustable
This also assumes both fixtures last 5 years, but I think that's a fair expectation. The T5 will likely last longer, I'm not sure it's reasonable to expect more from the LED fixture, but perhaps. The math scews in it's favor if they do, but $550 difference buys another 2+ years worth of T5 bulbs. Now we need the LEDs to last >7 years to break even.
The energy argument doesn't stand as strongly as the advertising suggests. If you save money on energy, you pay it in fixture cost. The argument was better when people thought that a single LED puck light would cover the whole tank, but it seems people are learning that just isn't the optimal case and add on more and more fixtures until the whole top of the tank is one sheet of lighting fixtures.
I'm thinking trying to replicate T5 lighting with LEDs just isn't cost efficient at the time for my use case.