Bill,
My answer is yes, but am saying so in the context of a generator system. You can confirm the wiring using the wiring diagram in your shop manual. Be sure you have the correct "heavy wire" and "regulator terminal". The wires are color coded at least if they are still the factory wires. The factory wire from the solenoid is brown and the correct regulator terminal is the B or BAT one. You did not say which terminal you were considering in your question.
As you are installing your new dash, I have a couple of unsolicited observations I hope you will not mind.
If your existing oil pressure gauge line is at all old or seems stiff, now is the time to replace it with a new one. The engine heat and years can take a toll. One of the things you never want to happen is for that line to break while you are on the road. There goes your engine oil pressure and a huge mess and no easy fix.
If you are installing a new ammeter, don't forget that the instrument grounds are all daisy chained from one to the other by black wires under an instrument mounting nut. Your new ammeter will need to join that chain.
Sorry if this is stuff you already know, at least I feel better by mentioning it.
Gene