This paper deals with dynamic voltage restorer (DVR) controlled by a five-level flying-capacitor multi level converter. To decrease the power-quality disturbances in distribution system, such as voltage imbalances, harmonic voltages, and voltage sags. The organisation of this paper has been divided into three parts; the first one eliminates the modulation high-frequency harmonics using filter increase the transient response. The second one deal with the load voltage; and the third is flying capacitors charged with balanced voltages. The MATLAB simulation results effectively for five level flying capacitor multilevel converters charged with balanced voltage regulation.