Hey man,
As its been said, it depends on your Electricity plan. Mine is cheaper over night, $0.11NZD per kWh from 9pm to 7am, $0.22NZD per kWh onpeak.

But otherwise, yeah she'll work out fine. Check out my grow log in sig. 316W light output, 2 plant, cab grow.

Goodluck,
phant0m