1) If circuit breaker is not tripped or shorted, then timer clock motor has probably gone bad.
2) Some places still sell paragon timers, depending on model number.
But model number given is for 240Volt timer.
3) The clock motor is not available that I can find.
Paragon is no longer making the 4000 series timers or parts
http://waterheatertimer.org/Paragon-timers-and-manuals.html#4000
4) Model number given does not match wiring terminals shown in manual.
4014 is DPST 240Volt timer with 4 wiring terminals labeled 1 2 3 4.
http://waterheatertimer.org/pdf/Paragon-4000-series.pdf
5) Paragon 4000 series timer with terminals 1 2 3 is 120Volt timer.
6) Replace 120Volt timer with Intermatic T101 indoor timer or T101R outdoor timer.
Crossover wiring:
Paragon terminal 1 goes to Intermatic terminal 1
Paragon terminal 2 goes to Intermatic terminal 2
Paragon terminals 3 goes to Intermatic terminal A
http://waterheatertimer.org/How-to-wire-T104-Intermatic-timer.html#T101
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