WPG is meant to be based on old T12 tubes with reflectors and US gallons I believe, but it will vary a lot from different sources since lots of people don't take this into account. The tanks volume without accounting for gravel and such is what's used, but it really doesn't matter since it's a
very rough way of calculating things.
While the statement of "I have 1.41 WPG of T5HO light" is very useful, bothering to adjust it to account for the type of light can just confuse things, so just stick with he quoted statement when asked about your lighting levels

.
To the point: 1.41 WPG of your lights and CO2 is fantastic, especially if you have reflectors. If not, don't worry.
As long as all the other factors are in balance (nutrients, circulation...etc) you should have no issues and should be able to grow most plants, to be safe, stay away from high light plants regarded as difficult (like
Rotala macaranda), and dont expect high-light carpeting plants to carpet amazingly. Though you might be OK with these plants if you want to try it out.
Although you should note that CO2 doesn't soften the water, it lowers the pH but if you have hard water your discus probably won't benefit from that anyway.