have a 1995 tracker with 1995 mercury 40hp. boat was charging cranking battery over 16 volts on and off last 2 times i had it out (december 2018). Those were the first 2 times ive had it out since buying it last summer. i put a new rectifier on it and this time it charged fine for first run. second run it over charges. third time, and all the following runs it seemed to not charge cranking battery at all or very little. 12.7 was all i got on final run.
I have an almost entire spare motor minus bottom end and compression in one cylinder i can rape. rectifier in that motor didnt look all that great either so i sprung for a new one. Im not sure what i should check first so im open to hearing from you. Honestly rather have it not charging or low charging than keep over charging.