A technique for reducing power dissipation and circuit area for a high voltage application includes creating a low-voltage, local power supply for use with local circuitry. In at least one embodiment of the invention, an apparatus includes an output node configured to provide a regulated output voltage. The apparatus includes a variable current source coupled to a first power supply node, wherein the variable current source is configured to provide an output current to the output node based on a control signal on a control node. The apparatus includes a feedback circuit configured to generate the control signal based on a mirrored current. The mirrored current is a mirrored version of a residual current flowing between the output node and a second power supply node. The regulated output voltage has a voltage level less than the voltage level on the first power supply node.