7V regulator can be replaced with a 5V regulator that is fabricated so the output is 7v instead of 5v... The way you do this is to put a green led diode in the ground lead and don't let the ground pin ground other than through the green led. The gallium led for the green conventional led, will
Bias the circuit to provide you a regulated 7v instead of 5v.
The 7507 regulators are no longer made and if you find them they are a fortune. I think Murray of Murray's carbs had a 7v regulator for sale at one point. I think they were around 20.
The 7v regulators were typically used on fuel gauges and temperature gauges of water cooled bikes...
So Goldwing and other Honda bikes often sported a 7v regulator sometimes co-located in gauge cluster or adjacent t to that area.
Fry's Electronics is no more, as is Radio Shack, so, unless you are in a large city or wanna order through eBay or other online shops to build your own regulator, something like one from Murray's carbs or Randakk's Cycle Shack are a good option