Welcome to 2CarPros.
If it shot up to 16V, that is too high and can cause electrical damage. Now, you replaced the alternator, which appears to be working. It is my believe that the problem lies in the power-train control module (PCM) and here is why.
Most cars have a voltage regulator built into the alternator. On this vehicle, the voltage regulator is built into the PCM. If that fails, it will either not charge or as in this case, overcharge. This can be dangerous because it can overheat electrical wiring or components and lead to a fire.
What I recommend is this. Unless you are really knowledgeable with automotive wiring and have the proper test equipment, I would have it inspected by a knowledgeable tech. Normally, I try to explain what needs check and how to do it, but in this case there are risks.
I attached a portion of the charging system wiring schematic so you can see that power comes in to the alternator (generator on schematic) via the starter, and then it splits off to the PCM. Two wires enter the PCM. The "gen fld ctrl" is where power is regulated.
Let me know if I can help or if you have other questions.
Take care,
Joe
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Tuesday, August 20th, 2019 AT 7:16 PM