does your plans put current on the bare ground?
if so..then NO!
the bare wire in the switch should be tied to the case of the switch. too many times it not.

if I understand what you're saying..it won't help..
the bare gnd and neutral are the same point electrically, until there is a fault.
the bare gnd wire and Neutral(white wire) are bonded at the service panel.

however, you can use the Neutral wire as the logic ground. it does carry current and should read 0 volts relative to the bare wire ground

-dkenny

That's what I was thinking, but wanted to ask to get confirmation.

Thank you!