Abstract: A pulse step modulator comprising is disclosed including a plurality of series connected unit step modules, each including a DC voltage source and an associated actuatable switch for, when on, turning on the associated module to provide a unit step voltage. An output circuit is connected to the series connected modules for providing an output voltage to a load wherein the magnitude of the output voltage is equal to the sum of all the voltage sources of the modules that are turned on. A plurality of module turn on signals are provided, each for turning on a switch in one of the modules for the time duration of the turn on signal after which the switch is turned off. Each unit step module includes a transformer means exhibiting an associated unwanted capacitance between transformer means and circuit ground and which capacitance becomes charged when the associated switch is turned on.