Different strategies are reported in the literature for energy saving in Closed Plant Production Systems (CPPS). However, not reliable evidences about energy consumption with the use of pulsed LED light technique in lighting system available in Plant Factory and Vertical Farm. In this work, three key points to determine the effects of pulsed LED light versus continuous LED light are presented: (1) A mathematical model and its practical application for stabilizing the energy equivalence using LED light in continuous and pulsed mode in different light treatments. (2) The quantum efficiency of the photosystem II was used to determine positive and/or negative effects of the light operating mode (continuous or pulsed) on chili pepper plants (Capsicum annuum var. Serrano). (3) Evaluation of energy consumption with both operation modes using ten recipes from the literature to grow plants applied in Closed Plant Production Systems, different Photosynthetic Photon Flux Density at 50, 110, and 180 µmol m−2 s−1, Frequencies at 100, 500, and 1000 Hz, and Duty Cycles of 40, 50, 60, 70, 80, and 90%. The results show no significant statistical differences between the operation modes (continuous and pulsed LED light). For each light recipe analyzed, a pulsed frequency and a duty cycle were obtained, achieving significant energy savings in every light intensity. The results can be useful guide for real-life applications in CPPS.