All good Alef feel free to post your questions they help me and others learn also
Lamp efficiency comes into play in many ways, heat is a big one. Using my example, with 2400W HPS I could barely keep the heat under control in a good size basement and using 1200W/1200W flip flop and a pair of high quality extraction fans. I had to run the fans on high which puts a strain on the tents because of pressure differential. I was trying to use the light efficiently but my yields were not that great, month after month. So if I wanted to increase my yields I would have to either sacrifice quality, install more fans/cool tubes, tubing and ventilation, install are larger AC system, get another space OR switch to high efficiency LED.
So I switched to a 650W/650W LED flip flop at about 45% efficiency and heat is well under control, yields have doubled and tripled in the exact same space. Quality has increased noticeably and they system never needs maintenance. The direct electrical savings is a very nice bonus, but the incidental electrical savings is huge. But as you can imagine, the electrical savings are a drop in the bucket compared to an increased yield. The reduced heat load is what allows me to pack more and more light into my space with no fancy cooling required. My ventilation fans are currently both set on low (120W total) and medium during the summer (140W total). The circulation fans are 65W ceiling fans. They system is running 24/7 365 and I work in there, so it is nice to have it as quiet as possible
That said, there is nothing wrong with your Vero design if your primary goal is to reduce up front cost and it is still a much better option than HPS in the medium to long term
I am not sure why Newark is gouging on the PLP. They are $16 at every other place I looked (TRC, Onlinecomponents, Powergate, Future etc)