Fig 1 Refrigerator with freezer section on top
Take the refrigeration components, controls, and ancillary devices such as ice-makers, fans, lights, and water valves out of a refrigerator and one is left with a plastic lined compartment surrounded by insulation and and a pretty outer covering of thin sheet-metal (okay, very thin sheet-metal on most new refrigerators). An insulated box with the least amount of insulation that the market will accept. That amount seems to be about two inches these days which works out to about R10. Put your hand on the side of a refrigerator when it is running and feel the cold. Then try to guess who is paying for that cold. If you try this on a freezer or dorm fridge with the condenser beneath the sheet-metal skin, you feel heat rather than cold.
The person that decided to make an R-10 insulated box and put the condenser just outside of the insulation (so that heat leaks back into the interior of the box through the inadequate insulation) was the same one that decided that putting a hot compressor under the refrigerator also made sense. Heat rises so while the compressor runs to make your box cold, it is adding to the heat-load that it must extract. I hear someone screaming my refrigerator is energy-star rated and is much more energy efficient than those old heavy (well built) energy-hogs of the past. I am saving the planet you mean man. Most of the reduction in energy usage has been the result of better insulation (not more of it) and the down-sizing of compressors, evaporators and condensers. Under-sizing systems to save energy may be why refrigerators now last eight years instead of twenty to fifty.
The modern refrigerators is a poorly designed appliance and none of the major manufacturers seem interested in rethinking the issue. One would believe that some of them were in the electric utility business.