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KKI usually run 1 to 3 HPS/MH lights through the winter. When 3 are burning they heat the 2nd floor (small floor and I like it cold :)
Top is a 100w HPS, middle 400 MH, bottom 400w HPS with extra blue
I usually have white reflectors all the way around to increase light
I have AC box fans (on the left) on the 2 400w. Without the fans you can't touch the top of the reflectors, with the fans no problem
You can get a good idea on electricity cost for whatever way you go.
lamp watts X 1.15 (average ballast waste) = total watts ÷ 1000 = kilowatts per hour
hours per day X 30 X kilowatts per hour X your cost per kilowatt = monthly cost