I wouldn't bother switching the alternator off - whilst it does free up some power, it's not going to be be a significant amount.
A 100A alternator, if under full load will be delivering roughly 1300W (100A x 13V) and consuming less than 2HP - what you need to ask yourself is how often will your alternator be under full load - as the electrical load on the alternator is reduced, so is the power required to drive it.