Fortunatly LEDs are slowly coming down in price. When I compared the cost of even the cheap Maxspect LED's (not even with the cree lamps) to a Hamilton MH+T5+Moonlight set up last year for a 4' tank it would take 5-6 years of bulb changes and the cost of the fixture to add up to the price of an LED set up. Now there are some mid range models that aren't as badly priced. Even only 1-2 years ago it was either super expensive high-end or very expensive low-end units but now with a lot more manufacturers you can get a half decent fixture for the price of a good MH+T5 combo if you shop around.
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