Replace the power supply:
iMac Intel 27" EMC 2639 Power Supply Replacement
The LED's are on the logic board to the right of the RAM slots and between the RAM slot and the HDD sata connector
LED #1
Indicates that the trickle voltage from the power supply has been detected by the main logic board. This LED will remain ON whenever the iMac is connected to a working AC power source. The LED will remain on even when the computer has been shut down or put to sleep. The LED will turn off only if the AC power source is disconnected or the power supply is faulty.
LED #2
Indicates that the main logic board has detected proper power from the power supply when the computer is turned on. This LED will be ON when the computer is turned on and the power supply is working correctly.
LED #3
Indicates that the computer and the video card are communicating. This LED will be ON when the computer is communicating properly with the video card. If LEDs 1 and 2 are ON and you heard the startup sound, but LED 3 is OFF, then the video card might be installed incorrectly or need replacement.
LED #4
Indicates that the computer and the LCD display panel are communicating. This LED will be ON when the computer is turned on and video signal is being generated. If the LED is ON and there is no image on the LCD display panel, the LCD display panel or inverter might be installed incorrectly or need replacement.
5 Comments
Remove the RAM and try one module did that improve things?
If not your logic board is gone.
by Dan
I agree with Dan. LED 1 means the power supply is working. If you can disconnect all the peripherals like the hard drive and memory, see if #2 goes on. Or if you get the "bong" sound.
by rokin154
I totally disagree with @edwoodjr rokin154. All the #1 green means is the power supply is getting trickle power (Not that it is working at all.)
by mayer
Thanks for the input guys. Here’s where I’m at now. I tried turning it on with the ram removed - still just led 1 on. Also tried turning it on with the hard drive disconnected - same thing, just led 1 on. I disconnected the power supply and turned it on and was quite surprised that led 1 was lit. This makes me think that it quite possibly could be a bad power supply. Thoughts???
by RogerB
My thoughts on the bad power supply might be incorrect. Previously when I plugged it in and held the power button down the fan would come on very loudly. I repeated this action with the power supply disconnected and the fan did not come on. Maybe the power supply is ok.
by RogerB