It depends if the timer also uses a NEUTRAL for its operation. Or is connected in series between the BLACK and RED wires. (power and light).
Or your timer may have a battery dead battery. If it's an Intermatic with a batt., it will be under the on/off button cover (bottom half of the switch).
Wingingit said:
Can this switch hit an overload condition, sort of like blowing a fuse inside the unit?
To answer your original question, a fuse is unlikely, but an overload can certainly ruin the timer. It's unlikely, though, if the timer was working fine until now.
But it's more likely that either your bulb (per Yoyizit) or battery is dead.
You didn't happen to change from incandescent to CFL bulb(s) when it died?? :whistling2:
PS - I was assuming that this was an existing install...