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In this paper, a novel structure of switched capacitor converter (SCC) is proposed. First, the basic unit of the proposed SCC is presented. After that, a generalized structure of the proposed SCC is discussed. The presented SCC uses one dc source, several switches, diodes, and capacitors to produce multistep dc boosted output voltage. The capacitors in the SCC can be charged in trinary asymmetrical pattern. A detailed comparative study between the proposed and other recently developed SCC structures is presented. It is shown that the proposed SCC can produce an output voltage level with lower total standing voltage and lower maximum switch stress voltage as compared to most of the suggested SCC structures. Further, a switched capacitor multilevel inverter (SCMLI) based on cross-switched multilevel inverter has been developed and analyzed for symmetric and asymmetric dc source configurations. For fair comparison with the existing SCMLI structures, the overall cost of the structures is compared based on a cost function (CF). The proposed SCMLI provides lower cost function/output voltage level (CF/NL) in comparison with most of the other SCMLI structures for both symmetric and asymmetric dc source configurations. Extensive experimental studies validate the operation and performance of the proposed SCMLI structure. [ABSTRACT FROM AUTHOR]