The subject of the application is a power electronic tap changer module for transformer using power electronic elements connected to sections of a primary winding of the transformer. The power electronic tap changer module is equipped with valves having a pair of a thyristor or transistors connected with a controller and the valves are connected in series with the fuses, respectively. The module is equipped with an additional oversized tap line having an oversized valve rated for short circuit current, which valve is connected with an overvoltage triggering circuit. The oversized valve is equipped with a pair of thyristor or transistors connected with a thermally protected voltage suppressing device.