I've written about his so much I'm blue in the face
Generally over--voltage falls into one of several categories
1.....Voltage drop
2......Regulator out of calibration or other VR troubles
3......Problems in the alternator IE causing full field (mostly 70 / later)
4......In rare occasions, the battery can cause this
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The VR MUST be grounded to "same voltage" potential as the battery NEG
The VR MUST get the SAME voltage as the battery POS to the VR IGN terminal
Sounds easy? It's called voltage drop
"How to check."
Turn the key to 'run' engine off. Stab one probe of your voltmeter onto the battery POS post and the other into the VR IGN connection, all wiring connected "normal."
What you are hoping for is a veyr very low reading, the lower the better. More than .3V (3/10 of one volt) means you have voltage drop to the VR
The circuit "path" is battery---start relay stud......fuse link.......through the bulkhead (red)........to the ammeter.......through the ammeter..........(black)........to the welded splice..........off to the ignition switch connector.........through the switch.........out the ignition switch connector....... (blue "run" IGN 1).........back through the bulkhead.........to the VR and ignition.
ANY loose / bad connections in that circuit path will cause this
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GROUND. VR MUST be grounded MUST. Run the engine at "low cruise" engine warm, fast idle, and check this first with all loads off, and again with lights, heater, etc powered on.
Stab one meter probe into the battery NEG post. Stab the other into the VR mounting flange. Here again, you are hoping for a very low reading, and zero is perfect
Anything more than say, .1--.2V means you need to improve grounding.
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HOW THIS WORKS
The VR IGN terminal is the "sense" terminal. Whatever voltage is DROPPED from the battery, the VR tries to bring the system voltage up to it's calibration voltage AT THE SENSE terminal. That is, it tries to bring the voltage up to say, 14.2. So the IGN terminal of the VR may very well be RUNNING at 14.2----and you can check that, running.
But because there is VOLTAGE DROP in the circuit path I described above, this means that in order for that VR IGN terminal to be at 14.2, the voltage at the battery is 14.2 PLUS the amount of the voltage drop
When I first aquired my Dart there was 1.5V drop!!!! So with the VR trying to maintain a decent 13.8, this meant the battery actually saw 15.4 !!!