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Tseitin-formulas are systems of parity constraints whose structure is described by a graph. These formulas have been studied extensively in proof complexity as hard instances in many proof systems. In this paper, we prove that a class of unsatisfiable Tseitin-formulas of bounded degree has regular resolution refutations of polynomial length if and only if the treewidth of all underlying graphs G for that class is in O(log |V (G)|). It follows that unsatisfiable Tseitin-formulas with polynomial length of regular resolution refutations are completely determined by the treewidth of the underlying graphs when these graphs have bounded degree. To prove this, we show that any regular resolution refutation of an unsatisfiable Tseitin-formula with graph G of bounded degree has length 2Ω(tw(G))/|V (G)|, thus essentially matching the known 2O(tw(G))poly(|V (G)|) upper bound. Our proof first connects the length of regular resolution refutations of unsatisfiable Tseitin-formulas to the size of representations of satisfiable Tseitin-formulas in decomposable negation normal form (DNNF). Then we prove that for every graph G of bounded degree, every DNNF-representation of every satisfiable Tseitin-formula with graph G must have size 2Ω(tw(G)) which yields our lower bound for regular resolution.