Man a 10x5 tank with M/H, wow that must look incredible. I dont have a tank that size but if you asked me I wouldn't change a thing if it's already set up and working. Cutting the T5s when the M/Hs are on I would do first. And if your dead set on changing then just replace the M/Hs with LEDs and keep the T5s. That's 6 radions but I bet you'll want more to keep the same lighting intensity, and that's going to add up. I think to invest in LEDs is gonna cost a small fortune for the little in energy savings, heating and chilling aside.
