i have done a little research at pertiers, but its limited. i am no expert. i am however an engineer, so for what its worth, here's my opinion. peltiers are able to move relatively small quantities of heat. for cooling wort, you would be taking heat from a hot body, the wort, and moving it to a cooler body, the atmosphere. The peltier will (i think) actually be running in reverse, trying to generate a voltage from the heat difference in this case. if you put a light bulb (very small one) on the leads in this configuration, the peltier will actually generate electricity using the heat of the wort, as it is cooling.
in short, its not gonna cool wort much faster than just atmospheric cooling. if you want to save water, i think you'll be better off with no-chill.