During the switching on/off of shunt capacitor banks in substations, vacuum circuit breakers (VCBs) are required to switch off or to switch on the capacitive current. Therefore, the VCBs have to be operated under a harsh condition to ensure the reliability of the equipment. This study presents a complete comparison study of ordinary and phase-controlled VCBs on switching 10 kV shunt capacitor banks. An analytical analysis for switching 10 kV shunt capacitor banks is presented on the basis of a reduced circuit with an ungrounded neutral. A phase selection strategy for VCBs to switch 10 kV shunt capacitor banks is proposed. Switching on current waveforms and switching off overvoltage waveforms with, and without, phase selection were measured and discussed by field experiments in a 110 kV substation in Chongqing, China. Results show that the operation of phase-controlled VCBs for 10 kV switching shunt capacitor banks is stable, and phase-controlled VCBs can be used to implement the 10 kV switching on/off shunt capacitor banks to limit the transient overvoltage and overcurrent. The values of overvoltage and inrush current using phase-controlled VCBs are all below those with ordinary VCBs.