Dynamical stabilization processes (homeostasis) are ubiquitous in nature, but the needed energetic resources for their existence have not been studied systematically. Here, we undertake such a study using the famous model of Kapitza’s pendulum, which has attracted attention in the context of classical and quantum control. This model is generalized and rendered autonomous, and we show that friction and stored energy stabilize the upper (normally unstable) state of the pendulum. The upper state can be rendered asymptotically stable, yet it does not cost any constant dissipation of energy, and only a transient energy dissipation is needed. Asymptotic stability under a single perturbation does not imply stability with respect to multiple perturbations. For a range of pendulum–controller interactions, there is also a regime where constant energy dissipation is needed for stabilization. Several mechanisms are studied for the decay of dynamically stabilized states.