If you have power at fuse #1 there is a broken wire between it and the alternator. The stock carb ECU will also quit working.
this might help but I like my old Mitchels book better
http://3geez.wiki-tv.com/manuals/198...g%20Manual.zip
When I say "ecu", it is technically an electronic control unit, even if it is basic, the carbed cars have one.
The BLK/YEL to the alternator comes from the ignition switch RUN to dash fuse #1, goes to a junction connector near the headlight retractor control unit just behind the dash fuse box. From there it splits to the alternator, charge warning lamp, and carb "ecu"
If you have power at the #1 fuse then the ignition switch is good. Check for power at the "ecu" under the seat. That wire is broken somewhere along the way to the alternator. If there is power at the ecu then the break is probably in the engine bay. If there is no power at the ecm check the junction by the headlight retractor controller
The keihin carb pre-heater plate ("efe heater", black "spacer" underneath the carb) gets its power from a relay (I think the relay is mounted to the ecu but I don't remember, it's been so long since I had one). It is triggered by ecu pin A4 (BLU) and gets power from engine bay fuse #24 (WHT/RED). Output at the relay is a WHT/YEL wire which turns into a solid WHT by the time it reaches the efe plate.
Now the choke heater is powered by a WHT/BLU wire coming off the alternator. The charge warning light in the dashboard is connected between this BLU/WHT on the alternator/choke heater and the infamous BLK/YEL. Now I must admit I am not sure on this next part, but based on the diagrams I am seeing it would appear that this WHT/BLU on the alternator gives 14V+ when it is running, and since the bulb has (or should have) 14v+ on the other leg from the BLK/YEL no power will flow and the light stays off, choke works, ecu gets its alternator signal at pin A13. If the alternator doesn't charge I guess the power starts flowing from the BLK/YEL, through the charge light, and grounds out through the choke heater and the ecu, or maybe even the alternator causing the light to illuminate. I have no ecu or choke but my battery light works so I dunno what to make of that other than it must ground through the alternator when the alternator isn't charging.
hope this helps

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