Lot cheaper to change the regulator and lot less labor, as you do not even have to take the alt off.. If the alt is capable of 18v output , it is a decent alt, but the output is just not being regulated.
As far as OVP goes , the high V may have just blown the fuse on top of it..might want to check that before changing that part too.
.. not saying they are wromg, just advising you look at these first...
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