I am working on a project where I will need to output 5v at around 500mA (or slightly less) from a ~12V source (motorcycle battery). I was thinking of using the 7805 regulator, but am not having second guesses. From what I have read it is more efficient to only supply about 3v higher than you need from the regulator. Anything more than that will be dissipated as heat. The other issue I have is the load (Android phone) is pulling well over 1.5A (which it doesn't need, but its taking what i can). I want to limit the output current at around 500mA. What is the best method of doing this using the 7805. Also would I be better off using a different regulator? Will I be putting out too much heat by supplying ~12V? Here is the circuit I am currently using for my regulator:
Some 7805 like : 78M05CT or L7805CT are the same in Voltage but not Current. Some are max 500 mA, some higher like 1 A or 1.5 A. Just do a search at http://www.datasheetcatalog.com/ and type the part number to download the datasheet. When a regulator goes behound the current rating, the regulator shut-down temporary, so make sure you know the total current being use and having a heatsink will help a lot, because when it is too hot, it will shut down.
Anything more than that will be dissipated as heat
No any excess above 5V is dissipated in heat.
The other issue I have is the load (Android phone) is pulling well over 1.5A (which it doesn't need, but its taking what i can).
Rubbish you do not understand basic electricity. If a device is pulling 1.5 A it needs the current, any attempt to limit the current will result in a lowering of the voltage and then the device will not work.
heats not really that big of a deal, just strap a hunk of metal on it and it will run happily with 500ma draw and 12 volts being applied to it ... the trick is to find a hunk of metal on a motorcycle (just for clarity a hunk of metal that does not get hot, unlike the exhaust pipe)
celphones also often have a bit of work in the usb wall chargers, like a resistor pulling a data line one way or another ... so it will pull what it wants off of a charger, but I bet if you plugged it into a computer USB port it will draw less than 500ma, but charge slower.