ON YOUR MODEL
Electric & those two t-stats are completely independent of the propane & two t-stats in outside compartment
...confirm current at element but not heating water...???
120V AC comes from a Circuit Breaker to that On/Off Switch to the 'normal' temp t-stat---to 'high' temp t-stat (manual reset) then to the element (Black wire) thru element and back to AC Power Panel on Neutral (White wire)
Check that the Ground wire (Green) is clean/tight....no ground no heating
Wiring diagram...pg 8
Parts ...........pg 9&10
https://www.manualslib.com/manual/1014400/Atwood-G4-7.html?page=8#manual