A voltage regulator device and accompanying methods are provided for providing efficient voltage regulation to an electronic device. Efficient regulator 400 receives an input voltage on VIN from a battery or some other power supply at node VIN and supplies a stable regulated voltage to load device 404 at node VOUT. Load device 404 pulls different amounts of current and requires different degrees of tolerance on the voltage at VOUT depending upon its operating conditions. Data collection and control circuit 401 is capable of enabling and disabling regulator 402 and regulator 403. Data collection and control circuit 401 is also capable of measuring certain performance parameters associated with load device 404 and the operating conditions of load device 404. Data collection and control circuit 401 enables regulator 402 if said operating conditions are such that when data collection and control circuit 401 enables regulator 403 the performance parameters associated with load 404 are below a predefined standard.