A method comprises, at a power balancing circuit for three-phase AC power: feeding three power phases to respective loads; measuring power drain on the three power phases by the respective loads; based on measuring, detecting an unbalanced power drain across the three power phases due to a relatively light power drain on one or more lightly loaded power phases and a relatively high power drain on one or more heavily loaded power phases; computing an amount of power to be drained from the one or more lightly loaded power phases and to be fed to the one or more heavily loaded power phases to balance the power drain across the three power phases; and transferring the amount of power from the one or more lightly loaded power phases to the one or more heavily loaded power phases to balance the power drain across the three power phases.