But since the current is 0.21A and voltage is 125v - 170v shouldn't the extra current from the T8 ballast compensate for the power since Power = Voltage x Current?
The 125V is the F21T5, 175V is the F28T5.
The voltage is always dictated by the lamp, so the F21T5 would have about the same 125V regardless if the current would be 0.15A (from PLS 5..11W ballast) or 0.37A (from the F36T8 ballast). What would vary is the real power delivered to the lamp: The 0.15A ballast would deliver there 125*0.15*0.9=17W, the 0.37A ballast would deliver to the same lamp about 42W (the 0.9 is the power factor covering the shape mismatch between the nearly rectangular voltage vs nearly sinusoidal current)
So when you want the lamp to operate at rated power, you need to supply it from a ballast matching the rated current. And for the 0.21A the closest one I have found is the 4-tube 18W CFL (PL-C 18W, DULUX-T or -T 18W,...)
The fan motor capacitor should be OK, the motors expose the capacitor to about 400..450V and in fans the capacitor is connected all the time, so it would be rated to withstand that for long enough time.
Only a note: For the 175V F28T5 you may have troubles with starters - the 175V could cause the starters falsely close. The solution would be the electronic starter (PulseStarter, S10e,...), where the "Fault mode" timer make sure the starter stop interfering with the tube after the start (these starters preheat for about 2.5 second, then about 0.5seconds for ignition attempts and then they switch OFF till they get reset by disconnecting the power, so switching the light OFF)