Abstract-This paper proposed a new voltage boosting 13-level switched capacitor cost-effective inverter. The proposed topology comprises fourteen transistors, three capacitors, and a single DC source to produce a 13-level staircase waveform. The capacitor voltage balancing problem is inherently solved by the series/parallel technique. Structural description, working principle, calculation of optimum values of capacitance, and modulation scheme are briefly described. The Comparative analyses with the existing switched capacitor multilevel inverter in terms of voltage gain, blocking voltage, total standing voltage, component per level factor, and cost function illustrate the merits of the proposed topology. Further, Simulation and experimental results at different loading conditions verify the feasibility of the proposed topology.