A single-phase five-level T-type topology has been investigated in this article. This topology has emerged as a viable option for renewable energy systems (RES) due to its inherent benefits. The finite control set model predictive control (FCS-MPC) strategy has been implemented to this topology in order to improve the performance and overall reliability of the system. This control strategy empowers the inverter to predict future behavior based on a discrete set of control signals, enabling precise modulation and high-speed response to system dynamics. In the realm of RES, integration of FCS-MPC with multilevel inverters (MLIs) holds great potential to enhance energy conversion efficiency, grid integration, and overall system reliability. The article is structured to present an overview of the evolving landscape of power electronic systems, and the advantages of FCS-MPC. This paper provides a comprehensive analysis of the FCS-MPC control strategy applied to the single-phase five-level T-type topology. The study covers various aspects including the theoretical framework, hardware development, and experimental evaluation. It is obvious from the analysis that this inverter topology is reliable. Several redundant states make it fault-tolerant which helps in maintaining the output voltage at the same level even in the fault conditions. Additionally, the results show that the output load voltage is maintained at the same level irrespective of load change. Also, output load voltage has maintained the high-quality sinusoidal characteristics as the total harmonic distortion (THD) is very low. With all these features, this system is suitable within the framework of RES.