Cordless (battery operated) drills are rated in volts to indicate to the purchaser the power available, because all re-chargable cells have virtually the same amount of energy stored (a battery is a number of cells linked together). It then follows that the higher the voltage, the more energy available, BUT no more.
Mains drills, on the other hand, are connected to an awesome amount of power via the national grid, so the wattage rating of your drill determines how much power you need for optimum performance