The breaker might be the only control if it's for a set of 120v tank heating pads.
The pads draw around .5 - .8 120v amps and usually self control with an internal thermostat that only kicks in when temps at the tank interface drop to ~40f then shut off at a preset temp in the high 50s or low 60s. They are also generally installed in a series for black, grey, and fresh all running off the same circuit.
A somewhat lazy previous owner might have installed them after purchase (hence the different handwriting) and just used the breaker as the control when needed since they self switch thermostatically.
If you have amp-meter, in theory you could test by flipping the switch when it's warm out (no draw) and again when it's near freezing (some draw around 150 to 250 watts).
YMMV