Charging at 15.1 volts. Anybody?

Gauge wrong? What does multimeter show?
Multimeter shows 15.1 at 750 rpm and 12.88 with engine off.

I had it one time that the alternator just kept charging no matter what. The car started and ran good. Just that the battery kept calling for more charge. I changed the regulator and it still charged all the time. It ended up being the battery was bad. Don't know what was wrong with the battery, but it kept wanting a charge. Replaced the battery and all was ok.
I have suspected this and you may be right. This is the only thing that I haven't changed. This is one of those things that will drive you crazy.