Steps to Reduce Your Refrigerator's Energy Cost
From Jeffrey Orloff, former About.com Guide
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Placing Your Refrigerator to Save Energy
The location of a refrigerator is often limited by electrical and water hookups. Making sure that there is proper air flow around the refrigerator can help it run more efficiently. If the appliance is stored between cabinets, make sure that nothing stored around the unit hinders its airflow.
If possible, refrigerators should not be located near windows, stoves, or ovens. Heat from the sun or cooking appliances can cause the refrigerator to expend more energy to keep cool. The ideal location is the coolest spot in the kitchen.