Multilevel inverters (MLI) provide a number of challenges, the most significant of which is the requirement for a high number of power semiconductors and separate dc supplies to assimilate renewable energy into a grid successfully. Because of this, reducing the number of components used in these kinds of inverters is quite important. Because transformer-based multilevel inverters (TBMIs) have become more commonplace, the use of many dc supplies in the cascaded inverter is no longer necessary for the device to function. Based on the outcomes of this study, a new transformer-based MLI with fifteen levels (15L) and eight switches can be built with only one dc source required. The suggested MLI consists of three isolated transformers. The suggested MLI structure has many unique benefits, including the use of fewer switching components and the availability of self-galvanic isolation. The MATLAB simulation results are carried out to evaluate the effectiveness of the suggested TBMLI. In addition, a comparison of the suggested structure to other recent configurations is presented.