I think HID is probably a better choice in some regions. If I lived in a cool or cold area, HID would be the choice for sure. I live in a warm climate however, and don't see the sanity is heating a space to cool it. I can't afford it either, so a combination of LED, plasma and T5 HO has been the ticket for my first grow. The T5 HO's put out a litte heat and it is enough to supplement the heat in my tiny house as we head into winter. I keep the house cool so I don't need to worry about the grow tent going over 80. Just a fan in there and the plants are doing well. My electric bill s affordable. Lights are a learning curve for us noobies and I think the answer will be different for different people. Even among LED users there is debate and it is also a learning curve and a lot to read about. Each grow, grower, medium and other factors give each grow a different flavor. I chose different lights because I couldn't figure it all out and I was in a hurry lol
But if I were to stay in my current situation I would buy another larger LED. I am running 600 watts total in a 4 x 4 grow tent. I'd probably want at least that much in LED lights and keept the plasma and T5 HO for side lighting and seedlings. Happy Grow.