The most conservative number on the SolarABC site was the 0.4% number, and it was for high temp.
That's not correct:
The website in post #3 has as the top 3 sections (numbering is mine) (1) "Annual Heating, Humidification, and Ventilation Design Conditions," (2) "Annual Cooling, Dehumidification, and Enthalpy Design Conditions" and (3) "Extreme Annual Design Conditions". For PV design, I would think you need to be looking at section 3, not section 1.
For dry bulb (normal) temperatures, section 1 provides a 99.6% temperature as well as a 99% temperature, meaning that of the hours of the year (I think the base interval underlying the data is an hour, but it might be something shorter), 99.6% of them are above the 99.6% temperature, and 99% of them are above the 99% temperature. So the 99.6% temperature is equivalently a 0.4% low temperature, even if not labeled as such, and you expect every year to have about 0.4% * 365 * 24 = 35 hours of the year when it's actually colder.
Section 2 has the same information for cooling, it provides 0.4%, 1%, and 2% temperatures, specifying the percent of hours in the year that the temperature is above the specified temperature.
But section 3 has the extreme annual temperatures, i.e take the lowest temperature recorded each year, and look at the distribution of those numbers. The n=5, 10, 20, and 50 years return period temperatures are those that have a 20%, 10%, 5%, and 2% chance, respectively, of ever being exceeded each year.
So yes, the n=50 years extreme minimum temperature is the most conservative choice for extreme low from the ASHRAE data. Any of the low temperatures in section 3 are lower than all of the temperatures in section 1.
Cheers, Wayne