My previous alternator did about 14.1/14.2 before it went kaput. Hardly ever saw below 14. I purchased a USED alternator, it now does about 13.7. I have seen lower 13.5/13.4, always starts out at 14.1 ish..... While not jumping for joy, I live with it.
These numbers are scanguge..... hooked up full time.
I don't know what it does, but there is a small gauge wire on back of alternator that you may look at also. I had a friend tell me about it, and sure enough the insulation had hardened and cracked, exposing the stranded copper. I guess that's kind of common.