Three-level Z-source inverters are recent single-stage topological solutions proposed for buck-boost energy conversion with all favorable advantages of three-level switching retained. Despite their effectiveness in achieving voltage buck-boost conversion, existing three-level Z-source inverters use two LC impedance networks and two isolated dc sources, which can significantly increase the overall system cost and require a more complex modulator for balancing the network inductive voltage boosting. Offering a number of less costly alternatives, this letter presents the design and control of two three-level Z-source inverters, whose output voltage can be stepped down or up using only a single LC impedance network connected between the dc input source and either a neutral-point-clamped (NPC) or dc-link cascaded inverter circuitry. Through careful design of their modulation scheme, both inverters can function with the minimum of six device commutations per half carrier cycle (similar to that needed by a traditional buck three-level NPC inverter), while producing the correct volt-sec average and inductive voltage boosting at their ac output terminals. Physically, the designed modulation scheme can conveniently be implemented using a generic "alternative phase opposition disposition" carrier-based modulator with the appropriate triplen offset and time advance/delay added. The designed inverters, having a reduced passive component count, are lastly tested in simulation and experimentally using a laboratory prototype with the captured results presented in a later section of the letter