A recent thunderstorm knocked out our cable box and the power to our TV. There is currently no standby light so I went ahead and bought a new power board from shopjimmy. After installing the new power board, I still have no power to the TV. Should I just invest in a new TV or is there another option I have?
You TV was victim of power surge. You should take it to a qualified repair service to diagnose it, it it it can be repaired and if it's worth.
Curren flat panel electronic TVs are particularly sensible to power surge so it might be a good investment to use spike protectors.
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