The voltage only have 3 states: either 1.163V, 1.063V or 0.95V, other voltage settings seems make no difference in power usage measured. Under the same voltage, higher GPU clock always bring better Mhs/J, maybe 0.95v is even better, and that will prolong the life for the card too
Are you using the ATI GPU Clock Tool? IIRC that one only gives you a few choices, via drop-down menu, for voltage settings. If you switch to Trixx or MSI Afterburner, you can key in whatever voltage you want.