In a perfect world you would have a light sized for every stage of the growth to maximize efficiency, space, and heat. Having a dimmer on a quality LED pretty much turns it into any size light you want. Can bring it low down and turn it all the way down to start a tray of plants, and turn it up throughout the grow.
Ideally you'd want a dimmable LED that would blow up your grow space at full power. If so, you'd likely only be running it at about half power until early or mid flower. Save on power, save on heat, save on stress to the plants, its a win all around.