If you disconnect the electric cable at the AC compressor, the AC pulley works like an idler pulley. This would be almost as if no AC would be installed.
(minus the weight of the AC system 20# and minus the friction at the AC pulley "now an idler pulley" -> 0.25 HP)
(minus the weight of the AC system 20# and minus the friction at the AC pulley "now an idler pulley" -> 0.25 HP)