This paper presents a new structure for switched-capacitor multilevel inverter with octuple voltage gain capability. The proposed inverter utilizes three capacitors, 13 semiconductor switches, three diodes, and an input voltage source to achieve a 17-level output voltage. The switched capacitors naturally achieve voltage balancing without the need for sensors or additional circuits, indicating the ease of control of the proposed structure. To control the inrush current of the switched capacitors, a charge limiting inductor has been utilized in the charging path of the capacitors. This not only reduces the inrush current of the capacitors and the input source current but also enables faster capacitor charging and extends their lifetime. The switches used in the proposed structure can withstand a maximum of 4 times the input voltage value or the half of the maximum output voltage, which is a significant advantage for the proposed structure. A detailed comparison with similar structures is provided to examine the advantages and disadvantages of the suggested inverter. The procedure of self-voltage balancing of the capacitors and the functional modes of the proposed topology has been explained in detail. The proposed structure is suitable for applications such as renewable energy sources transfer to load or grid. The performance of the proposed topology under different conditions is confirmed through simulation in the Matlab\Simulink software and the implementation of the laboratory sample.