A power regulator (30) is provided which employs a resonant circuit (32) and permits regulation between a certain maximum value and zero. A series resonant circuit is adjusted to regulate power by adjusting the correspondence between the resonance frequency and the frequency of the voltage source (31) such as an AC source delivering a sine wave or a square wave. Further, the output voltage is regulated to be lower than the AC source (31) when output current is zero. A capacitance (C2) is connected in parallel with the output of the power regulator (30) to form a second resonant circuit with the inductance (L1) of the series resonant circuit (32). A method of power regulation is also contemplated.