An electric power system includes an inverter device coupled with a motor. The inverter device receives from the motor electric energy generated by dynamic braking of the motor. An energy storage device is coupled with the inverter device, and a variable resistive component is disposed between the inverter device and the energy storage device. The variable resistive component controls a direction of conduction of the electric energy from the inverter device toward the energy storage device, a resistive grid, or a system load. The variable resistive component controls the direction of conduction of the electric energy from the inverter device based on a first amount of the electric energy conducted from the inverter device, a transfer rate of the electric energy conducted from the inverter device, or one or more characteristics of the energy storage device.