This paper presents a new DC/AC multilevel converter. This configuration uses single DC sources. The proposed converter has two stages. The first stage is a DC/DC converter that can produce several DC-links in the output. The DC/DC converter is one type of boost converter and uses single inductor. The second stage is a multilevel inverter with several capacitor links. In this paper, one single input multi output DC-DC converter is used in order to voltage balancing on multilevel converter. In addition, as compare to traditional multilevel inverter, presented DC/AC multilevel converter has less on-state voltage drop and conduction losses. Finally, in order to verify the theoretical issues, simulation and experimental results are presented.