Hi Brian2112,
I'm not sold on incandescent lighting.
And you can't really take wattage into consideration for light efficiency, especially with incandescent lighting, because a significant portion of those said watts are lost as heat.
If you can afford to get some 40 watt CFL bulbs, they will give you a lot more usable light for your plants.
Maybe try a 6500k daylight and a 4100k cool white bulb above your plants.
And if you can swing it, 4 foot t5 fluorescent bulbs will really get your indoor peppers off to a good start.
dvg