Hi corn_flake,
I'd like to resurrect this thread, since I've run into the same problem after debugging numerous annoying little problems with my 1968 M20G, one of them being the continuous display of the "Elec off" flag on my Brittain turn coordinator, which still works fine, to my great surprise (found out it's vacuum-operated as well).
As cctsurf wrote, it's a 3-phase signal with one of the 4 wires being ground.
I had a closer look inside it and one of the components looks like it's a fuse. I'm going to test whether it's blown - I assume it is, since the 3-phase wires to the turn coordinator were twisted together and fixed with *very* old insulating tape, some of which had come off, probably causing a short-circuit somewhere.
Have you managed to fix your problem since your post?
Best regards from Germany,
Gerald