16 kW? Compressor electric power? Are you heating a castle?!
I have a 4 kW Daikin Altherma 3 R ECH2O, single-phase 230 V, that idles at ~ 12 W, measured by the power company's meter, which includes everything, controller, pumps, compressor, and load shedding contactor (which already takes a watt or two, I don't remember), hot water circulation deactivated.
So ... yeah, 120 W seems gigantic. Really, I think the 12 W are kinda excessive already. Watching one temperature sensor shouldn't need 12 W, should it? Like, that's already some 50 kWh over a summer that should be trivial to avoid at relatively minor BOM costs.