According to author J.C. Stitch and Ed Rosenthal, in the Marijuana Garden Saver which has my recommendation as a "must have" for the gardener...
H2O2 is used to control Algae, gray mold, Pythium, and powdery mildew. HP can be used daily with no adverse effects... Treatment with 3% store grade is 1 US quart in 3 US quarts of water. With horticultural 10% they recommend 10 ounces per Gallon. With ZeroTol 27% they recommend 5 tablespoons per gallon.
Also, I spoke with Advanced Nutrients technical support. That's when I had a root rot problem and they said to use a peroxide solution for approx 12 hours, then run ph'd reverse osmosis water for 12 hours before adding beneficials thus allowing the peroxide residue to break down.
Hope this helps answer your question. Tony