Yes mate, sounds like your voltage reg. could be a bit flakey. Either that or a diode going. Maybe a dry joint somewhere in the alternator.
The alternator on my Cav 1.7TD (Isuzu engine) has packed in twice; first the bearings went at about 150k miles, then the voltage regulator a couple of weeks later. A geezer in a little workshop in my local town put a new one in for £28. It was another £28 for the bearings. A bargain, since a new alternator was to be £179 exchange from the Vauxhall dealer. The only problem is getting the thing off the car (2 drive belts and 2 oil pipes to disconnect), but it's pretty easy once you've done it a couple of times. Watch out for the vacuum pump; it's full of oil when you take it off!
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