The short answer is no, most companies install electric heat as the back up to the heat pump and this can take as much as ½ of the power available in your power panel. A gas furnace back up heat pump system only requires a 110V connection for the furnace and the heat pump itself only draws between 20-30 Amps of power to operate. The power pig in most heat pump installations is the electric back up heat, not the heat pump itself.