IMO, your going to need either a bigger Via Aqua or better brand chiller. With that kind of ligting I'd go higher, a lot higher on the cheaper Asian brand chillers, Maybe even a 1/2 hp.
Take a look at the Aqua Logics and or TradeWind chillers. If you look close at the cheaper chillers your going to notice the amp draw on them is less, sometimes a lot less then the stuff made here in the good old USA. That sound great when you see the numbers but when you get it fired up and its runs 24/7 and your tank still doesn't cool down your going to be ticked off.
I use an Aqua Logics 1/3 hp on my 120 with 2x400 watt MH's. This chiller is about as small as I would go and its located in the garage, far away from the tank. The amp draw is 7.2 (around 800 watts) The AL 1/4 hp is about 5.4 amps (650 watts) I can't find a site that list any info on the Via Auqa chillers but I did read on another forum that their 1/4 hp is 380 watts..That sounds about right for these kind of chillers.
Bottom line is you get what you pay for.