Alternator Capacitor And Output Charge Q

The capacitor on the rear of the alternator jumps between the B and E terminals correct?  Is it directional?  The reason I ask is because I replaced an alternator and I could not see where it was when it fell off as I was removing the old unit.  The new one is putting out about 13.5v over the 12.72v the old one put out.  I was expecting voltage to be closer to 14.1v but I guess I have to account for a little corrosion and the expected voltage drop over connectors and crimps etc.  Any insight would be appreciated.

13.5v is fine, so long as it doesnt dip lower than that often.

Are you getting 13.5 volts at the alternator or at the battery?

@ Battery terminals.  Mostly I keep an eye on it via the guage on my Blitz turbo timer and sometimes it dips down to 12.5-12.7 which is kinda scary.  Thought it may have been the fusible link but .2v drop @ connectors is pretty standard.  Sorry for the late reply.

8SixS12@ Battery terminals.  Mostly I keep an eye on it via the guage on my Blitz turbo timer and sometimes it dips down to 12.5-12.7 which is kinda scary.  Thought it may have been the fusible link but .2v drop @ connectors is pretty standard.  Sorry for the late reply.

Try testing right off of the alternator leads to see if its charging right. My friend just bought a brand new one and found out that the voltage regulator in it was shot, Picked up the regulator for 30 dollars and soldered it in and it worked perfectly