I have a 1992 175 hp Mercury EFI mounted on a 19 ft Sea Ray Ski Ray. Typically the voltage meter sits at around 14 volts. However, when going through rough water the voltage will go up to 18 volts. Trimming the motor up or down sometimes will take it down to 14 volts and keep it there. Sometimes bounce on the waves kicks it back to 14 volts. When using lights, and the voltage jumps up the lights also gets brighter. I also notice the Tach and temp go up slightly. I suspect a short or the voltage regulator but dont know where to start looking.