We've discussed conventional culprits as well as some very unconventional ones (tent gas). You mention you see the issue show up around the time you're moving them from a t5 to led. I don't think your LED light is causing the issue, I think it's exposing it. You flipped an energy switch on, the plant suddenly has the ability to do a lot more, but struggles out the gate getting things regulated.
Something else you mentioned is it happens with fresh peat after just a couple waterings. Well, fresh peat isn't salt free and certainly can come on that quick. I take this as further confirmation of a salt problem and contrary to the advice that's usually thrown out, you need more water and a greater volume of it, but make sure you move it slowly through. Frequency we've talked about. If it's a coco peat blend (right?) then you don't want to give it drybacks, give it water when it's still got 75% of its pot weight. Then whatever volume of water you used to water, as soon as true runoff happens (not the false runoff that falls before the soil got wet), keep pouring more until about 1/5 of everything you poured in flows back out. Also when you're checking your runoff readings you dont even want to look at the initial runoff, because it's a liar. It can give you a good number while there's still dry pockets with toxic salt scattered throughout the pot. I don't know if you've ever taken a moment to directly observe soil hydrophobia, it's a head scratcher.. I mean you're looking at water sitting on dry dirt and the water just won't penetrate it. Well it actually does but very slowly, and so sometimes when you've let the pot get extra dry it's not a bad idea to water it until water runs out, come back in an hour and do it again, and the third time you are closer to being able to correctly finish watering right.