Well, for sure disabling C-states will increase power consumption. Whether it will result in an obvious performance gain, I think it is debatable.
Disabling C-states would mean the CPU will never lower its power draw and will maintain its base clock speed even when it is idle. Constant power draw also means higher CPU temperature and a constant higher temperature could possibly lead the CPU to top out its performance sooner. It could lead to the CPU reaching its TDP/Tjunction/Tcase max sooner when the real need for CPU speed kicks in, versus with C-state enabled it started with a lower temperature base and it will take slightly longer to reach it, if at all.
You can make this same observation with a Windows desktop/laptop set to "High Performance" profile (in Windows OS setting), the clock speed of all CPU cores will never go down and it will lead to a higher idle temperature, higher speed spin of the fans.