Based on the space vector pulse width modulation (SVPWM) theory, this paper realizes an easier SVPWM strategy, which is equivalently implemented by CBSPWM with zero-sequence voltage injection. The traditional SVPWM strategy has no effect on controlling the neutral-point voltage balance. In order to solve the neutral-point voltage unbalance problem for neutral-point-clamped (NPC) three-level inverters, this paper proposes a neutral-point voltage balance controller. The proposed controller realizes controlling the neutral-point voltage balance by dynamically calculating the offset superimposed to the three-phase modulation waves of an equivalent SVPWM strategy. Compared with the traditional SVPWM strategy, the proposed neutral-point voltage balance controller has a strong ability to balance the neutral-point voltage, has good steady-state performance, improves the output waveforms quality and is easy for digital implementation. An experiment has been carried out on a NPC three-level inverter prototype based on a digital signal processor-complex programmable logic device (DSP-CPLD). The obtained experimental results verify the effectiveness of the proposed neutral-point voltage balance controller.