We had a planned power outage last year while they did some work on the substation. The power was off for 8 hours. Because it was planned we did have warning, which you wouldn't have with an unplanned outage (obviously!), I fed the fish lightly for a couple of days then nothing the day before or the day without power, then light feeding for a couple of days after. I got the house nice and warm (March) before the power went off so the tanks didn't lose much heat and just left the filters as they were - 3 tanks, 125, 50 and 25 litres all with internal filters. I monitored the ammonia and nitrite levels during the day and for a few days after and never saw even a blip in either of them.
For an unplanned outage, you wouldn't be able to reduce feeding before but you could stop feeding till the power came back and the day after. And this wouldn't work if you were without power for several days, though unless you live somewhere well off the beaten track or the weather was appalling for days on end the power shouldn't be off too long.