Cooling mode power usage is NOTHING compared to what gets drawn in winter. My heat pump has been keeping things easily comfy this summer, even when it was hot as all hell outside for a week. In winter, though, as soon as it gets below freezing, COP drops through the floor and the backup resistance strips have to kick in.
One cold day in January uses more power than a scorching WEEK in late July. Give me gas heat any day. Or someone pay for me to have wells drilled to install a ground-source unit.