Hey BlueBMW,
if you're going to replace that component anyway, here's something that could point us in the right direction: is there a letter/number combination on the PC Board for it? Like C103 for caps or R15 for resistors? The letter could reveal what it is. K is a relay, Q is usually a transistor, U is for IC's, L is for chokes/coils, etc.
I don't know...maybe if it is a fuse, it'll say "F01" or whatever.