If i understood correctly...
LED lighting is very efficient IF you use enough powerful diodes, like each one diode of 1W power, and several diodes like that per tank. Such lighting is pretty expensive to get but once built, is cheap in exploatation and long-living.
If you want to use LED in form of threaded bulbs, you're likely to see your plants in bad condition because that LED is too weak for the plants, still being expensive.
If you meant using soil as aquarium substrate, it's a wonderful idea but it's not based on mixing the soil with gravel, but putting the soil layer UNDER the gravel layer.
If you're interested in that way of maintaining the tank that way (i appreciate it very much myself and use this method successfully for 3 years now), you should seek info about "walstad natural planted tanks".