The feasibility of this is completely determined by the insulation and albedo of the house. Working around the thermal inertia of the house is tricky, blasting the AC hard at night is only effective if your house is moderately well insulated or good at not absorbing heat (reflective roof, wall insulation, reflective blinds etc, and by reflective I don't mean tinfoil, I mean like white or bright colored, basically no black or dark). Building elements are remarkably bad at storing heat/coolth since their sensible heat capacity is quite low. There are ways to enhance this effect though by getting building elements that are doped with phase change materials.