The spedo sensor works off resistance not power. For the Speedo on the rear of the boat is a sender that uses a little wheel with 3 wires. 2 are for the the speed, and 1 is for temp. if your boat is equiped with the temp. quage. Using a multi meter attached to 2 of the wires, and spin the wheel you should read restiance depending on how fast you spin the little wheel. Then check contunity on the wires to the guage. If it isn't reading it might be a broken wire. If it sends a signal to the guage, the guage is bad.
I hope this test works for you.
Karl