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This paper proposes a novel nonisolated single-input dual-output three-level dc–dc converter (SIDO-TLC) appropriate for medium- and high-voltage applications. The SIDO-TLC is an integration of the three-level buck and boost converters, whose output voltages are regulated simultaneously. Reducing voltage stress across semiconductor devices, improving efficiency, and reducing inductors size are among the main merits of the new topology. Moreover, due to the considerably reduced volume of the step-down filter capacitor, a small film capacitor can be used instead, whose advantages are lower equivalent series resistance and a longer lifespan. A closed-loop control system has been designed based on a small-signal model derivation in order to regulate the output voltages along with the capacitors’ voltage balancing. In order to verify the theoretical and simulation results, a 300-W prototype was built and experimented. The results prove the aforementioned advantages of the SIDO-TLC, and the high effectiveness of the balancing control strategy. Furthermore, the converter shows very good stability, even under simultaneous step changes of the loads and input voltage. [ABSTRACT FROM AUTHOR]