Multilevel inverters are becoming increasingly significant due to their ability to efficiently convert power in various applications such as renewable energy systems, electric vehicles (EVs), and industrial drives. The growing need for efficient power conversion in these areas has driven heightened interest in multilevel inverters. High inrush current is required for numerous applications, including variable frequency drives, single-phase or three-phase machine drives, locomotives, electric vehicles. However, managing this inrush current is crucial to prevent damage to the power source and other connected equipment, as well as to ensure smooth and reliable operation. The solution for this is to provide isolation between load and source. The proposed single phase switched capacitor multilevel inverter possess the feature of virtual isolation between the load and the source. This topology consists of a switched capacitor cell network and a multilevel inverter. In this work, a simplest architecture is used for the MLI section to reduce the number of switches. The MLI section consists of only eight switches. Although the switched capacitor network in this topology consists of a higher number of switches, the switches in the network carry only very low current, resulting in negligible losses. Additionally, the switched capacitor network is highly modular in nature. The proposed single-phase inverter can be converted to a three-phase multilevel inverter (MLI) by connecting identical units in each phase, with the reference sinewave signal for the pulse-width modulation technique derived from the corresponding phases. Consequently, this proposed topology is suitable for both low-power and high-power applications. This work demonstrates that self-voltage balancing of the level capacitors can be achieved without the need for auxiliary components.In this design, the level capacitors act as the source to the load and are charged through switched capacitors. The voltage THD in the suggested work is less than 5%, which is in accordance with IEEE 519 standards. High voltage gain, better load, and line regulation, are other significant advantages of this novel topology. Another feature of this work is simplicity in design and can be easily extended to higher voltage levels. Comprehensive simulation and experimental results are provided to validate the precise performance of the proposed multilevel inverter