It depends on the lighting type. Heat transfer is NOT a linear function... as the degree differential changes the heat exchange becomes easier. With this in mind I *think*:
1) Point sources and non point sources with the same amount of radiated energy, should conduct, or radiate direct heat from light energy the same between them.
2) MH and T5's are not the same efficiency. MH actually radiate more light if you consider UV, IR, and visible, about 5% more. That radiation directly heats the tank, but also makes MH more efficient as a light source.
3) Heat convects through the air into the water. MH has a smaller convection footprint with a larger convection differential. T5's have a larger convection footprint with a smaller convection differential, but since they are slightly less efficient light wise, the sum total of that footprint is slightly larger than a MH.
4) The kicker here, and the part that no one ever talks about, is that that small MH footprint with the large temperature differential, because heat doest transfer linearly, actually is more efficiently at transferring heat into the tank.
So in summary, most of the heat enters the tank via convection over all for MH, and T5, not by conduction. The part that does enter via conduction is pretty much the same for MH and T5. The convection is different because of the footprint, and I think that the convection for the MH is more efficient thus making the MH a better heater.
Disclosure: I was trained as a Comp Eng. Not a civil or other material engineer, and it was damn near 20 years ago. I could be completely full of #$^@
Anecdotally evidence suggests that t5's don't introduce heat into tanks as readily as MH's. However MH's are usually not cooled to remove the convecton footprint while T5's sometimes are, and even if they arent, that footprint isn't as efficient and will dissipate much faster as heat convects upwards into the air.
I think if MH's are actively cooled, there will be very little difference heat exchange wise between them and a T5 thats actively cooled, considering a large enough air volume in the room and an open top.