You can use a 250 watt hps along with lst or scrog to achieve big yields for less electricity; there are many people on this site that have done so. I currently am running a 250 watt light, and I have 3 plants under it right now, 2 larger and 1 smaller. I also have an inline filter on the end of the light tube and vented through an inline fan, and I also have a window AC unit running on low. My temps in my grow cab are between 78-84* all the time, and I have my light sitting right on top of my plants and no problems. My next run is going to be my first attempt at a scrog. For right now I just wanted to get some flowered so I have some bud to smoke lol.
Sometimes I kinda wish I went with a 400 watter, but I'm only growing bud for my wife and I and therefore don't need to grow a gazillion plants at one time. So for me, a 250 watt light is plenty. It all depends what your goals are.