In general, I would just stay on top of the chemistry of the system in terms of alk, gas exchange, etc. The pH drop should not be so significant as to be a real issue...if it is, there are probably more significant issues going on.
Another factor in running a refugium light 24/7 might really be that you have a system PACKED full of algae that does actually respire, adding more CO2 than a tank without a refugium. Repiration of course would be the dominant process if the lights are off...so if you had a cycling tank, without a refugium, and turned the lights off...you might still have a problem. But critically significant pH fluctuations would only occur, IMO, if your alkalinity is too low.