Originally Posted by VaHappyCamper
Am not familiar with your unit, but in a lot of others, it is part of the system for the hot water heater (gas/elec models).
All the gas and electric switches for the water heater are in a different location.
Originally Posted by nddenise
Is it maybe for the outlet below it? Did anyone think to check that?
It doesn't. The wires run up, and not down to the switch. Also there isn't any voltage and the wires are red.
I took a look at it again. My guess it is for the refrigerator, but someone bypassed it.