A power supply apparatus for driving a light emitting apparatus is provided. The power supply apparatus includes a lossless snubber circuit and a power converting circuit. The lossless snubber circuit has a first diode, a first inductor and a second diode coupled in series between an input end and a first reference end, and has a first capacitor coupled between the first diode and a second reference end. The power converting circuit has a switch, a transformer and a second indictor. The switch is coupled between the first and second reference ends, and is turned on or off according to a control signal. The second inductor is coupled to a first side of the transformer in parallel.