My experience with LED has been that the potential cost savings as far are electricity is concerned is negated by the cost of the LED equipment and the repair costs when they get spoiled (which has been quite often). I don't know, maybe I suay. I have been using Maxspect G170W. Driver spoil, bulb spoil, etc etc, and all after warranty period ends. And the repair usually a few hundred bucks.
Trying to save peanuts but land up losing coconuts.