When I installed my tachometer I just used a 9 volt battery to power the tach. My drive had a contact that closed when the drive was running so I used it to turn on my tachometer. The only time the tach is on is when the drive is telling the motor to turn. No risk of leaving the tach on and running down the battery. So far I have not had to replace the battery yet so I do not know what the battery life will be. Simpler than wiring a power supply.
Just my 2 cents
Roger L
Just my 2 cents
Roger L