If going down with phase-change system using freon, it's much easier than just to build small one without any TECs to get -50..-40°C range and then just use resistive heaters at cold plate to bring temperature to desired level with simple SSR/PID controller. Compressor, condensor, fan and piping can be easily reused from automobile AC unit, or similar. Larger units from house AC systems aren't optimal as they not designed for idle/no load operation, which cause compressor overheating and possibility of hydraulic damage. I'd think in the end power consumption of whole unit would be in range or smaller than TEC rig.
Building phase-change loop seems complex at first glance, but it's not that difficult given one investment into toolkit (copper tube brazing gear, vacuum pump, manifold with manometers/valves, bottle of R404/R507 freon).
There are some freeware software tools on web to calculate such systems as well.. Sorry for derailing thread.