In this letter, In this letter, an n-level inverter possessing buck/boost capability is introduced wherein only five power electronic switches are employed for obtaining a multilevel waveform. In the proposed system, a dc source (obtained from a battery/PV source/fuel cell/rectifier) is bucked/boosted using a buck-boost dc-dc converter), thus having the advantage of both voltage step-up and step-down capabilities. The polarity reversal for step-up/step-down voltage is obtained using an H-bridge topology. MATLAB SIMULINK and a hardware prototype is used to validate the concept and results.