Sure, but we would need to replace all electrical devices by the their Thevenin Equivalent.
Seriously, All electrical device need to use a certain amount of power. We often convert the mains voltages and currents to other voltages and currents that devices can consume. There are probably some power supplies that could use the lower voltages and frequencies and get the same power. Some motors and clocks may run slower but some would not work at all. If we still had incandescent light bulbs they would be dimmer, the reason for the old term 'brown out'. Most modern devices would not work and might even be damaged.
So No.