The word "POWER" showing up is actually the correct opearation of the guage. I suspect that the indicator lamp is loose or has a bad bulb.
When the indicator is working correctly, you should see the word "POWER" anytime the unit has voltage. The actual level indications are: "EMPTY", "1/2" and, "DO NOT FLUSH". When the indicator is transitioning from one level to another, it sometimes does not display the level however, the "POWER" indicator should still be illuminated.
The reason for this is that the holding tank uses a system of 3 floats. They are basically on and off switches for each of the lights. As the tank fills, and each float reaches its respective limit, that float turns its light off and the next float turns its light on. Sometiems, there is a gap between the next float turn on and previous float turn off and so, you may not see any level indcator lights.
Back to your problem, I would check the wires behind the indicator panel and make sure none are loose. Next look at the panel to see if the lamp can be replaced. (I've never taken one apart, so I don't know.) Back at the holding tank, there is a series of plug connecters that feed the information to the indicator panel. Make sure that these are good and tight and that there is no corrosion.
If all is good, and the light is on, I would not worry about it unless the lamp keeps turning off on its own. If it does continue to be an issue and you can't replace the bulb, you may want to replace the indicator panel. Btw, if you don't have it, the "Dommetic dot com" website has all the Sealand Manuals that explain the operation of the units and offer exploded parts views.
Hope this helps.