I probably should know better than to wade into this debate. But I used to have T5's and now run Radion LEDs, so my experience might be relevant.
I should first mention that I now have two 6' tanks with closed canopies (vented) and covered tanks. Initially I had one tank with T5s. There was a lot of heat produced by these, and the chiller (1/3 HP model, ran for about 8 hours a day, both summer and winter. I am quite sure that even the room was heated up by these during the day. But at night the tank cooled down and the heater would kick in usually about 6 AM and cycle on and off for about 3 hours, until the lights were on for a while.
Then I replaced the T5s with Radions. Shortly after I also added a second 6 foot tank also covered, and with canopies and Radions. I now have two 6 foot tanks running off one sump, so the heater and chiller are for both tanks. What's interesting is that the heater still only runs about 3 hours on and off, same as before when I had one tank with T5s. But my chiller which now has to cool 2 tanks only runs about 3 hours a day, starting just before my LEDs peak for the day.
So, for me, I believe there is a huge power saving. And there is very little heat vented into the room now, from my canopies.
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