In the NNBS trucks (2007-current) the volts do fluctuate as you mentioned. Its due to an on demand type charging system to increase efficiency.
---------- Post added at 04:05 PM ---------- Previous post was at 04:01 PM ----------
Here is some more information on it, evidently it is right out of the manual:
Battery Voltage Gauge Operation
The IPC displays the system voltage as received from the BCM over the GMLAN serial data circuit. If there is no communication with the BCM then the gauge will indicate minimum.
Utilities and light duty full size pickups are equipped with a new regulated voltage control (RVC) system. This system turns off the alternator when it is not required in order to improve fuel economy. The generator will turn back on when additional voltage is required. This will cause the voltmeter to fluctuate between 12 and 14 volts as opposed to non-regulated systems which usually maintain a more consistent reading of 14 volts. This fluctuation with the RVC system is normal system operation and NO repairs should be attempted.