Multilevel Inverters are growing technology applicable to power electronics, Electric drive systems and Power systems etc. Even there are many topologies available in real world, here new multilevel topologies are discussed and comparative results are analysed. Neutral point diode clamped inverter is analysed and its total harmonic distortion value is calculated as 81.7%. Three H-bridges are seriously connected to produce 5 level output voltage, Atmel Microcontroller uses Sinusoidal Pulse Width Modulation (SPWM) to produce pulse pattern for H-bridges. This topology is tested in Matlab/Simulink environment. Total Harmonic Distortion (T.H.D) value of 5 level voltage is seen as a 81.7%. Solar Photo Voltaic system is employed to compete the disadvantages of conventional energy sources and resulted in energy conservation system that reduces power consumption.