Yes, that is exactly where the breaker is located, and if the insulating cap is still on it, that will be a red plastic cap. If there are two breakers, the one with a cable going to the hydraulic pump is the one that will need to be replaced if it hasn't already been done on your rig.
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Bob & Becky
2012 3402RL
2012 Chevy 2500HD D/A CC 4WD
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