Yes it is a full 12 volts and is present when the key is turned off. When I turn the key on the 12 volts goes away. The speedo is erratic , and has now stopped all together, and the turn signals don't always want to turn on with just one push of the button . I worked on it a bit last weekend and installed a temporary toggle switch on the green starter wire . I wanted to see if I turned the voltage to solenoid on and off manually what would happen. It worked fine, I was able to start the bike and rode it for about two hours. When I got home I checked the voltage again and now the it seems to be back to normal. No power to the solenoid when the key is off , and the bike starts. WTF!!!!!!!!! I bought this bike a couple months back , 2005 , one owner , 10,000 miles , really nice shape. I noticed after I got it that the battery would go down after sitting three or four days , I put in a new battery , but still have the same problem? I have to leave it on a tender or it goes flat.