Electric Springs has been testified recently to enhance voltage regulation in distribution systems using demand side management. In this paper, a 7-level Multilevel Inverter (MLI) with a resonant switched capacitor Converter based on sinusoidal PWM, is implemented to analyze the performance of an electric spring under voltage variations at PCC. By the proposed MLI based ES, voltage regulation of critical load voltage is studied for voltage sag and swell conditions. Remarkable features of the proposed topology are maintaining voltage balance in input capacitors and reduction of power components. Simulations have been done in MATLAB/Simulink on distribution system with DGs equipped with MLI based ES under line voltage anomalies. Tested results are analyzed with THD% in critical load voltage.