A driver circuit is configured using a depletion-mode MOSFET to supply an output voltage across an output capacitor. The driver circuit includes a resistor positioned between two terminals of the MOSFET. In the case of an n-channel depletion-mode MOSFET, the resistor is coupled to the source and the gate. The circuit is a current controlled depletion driver that turns OFF the depletion-mode MOSFET by driving a reverse current through the resistor to establish a negative potential at the gate relative to the source. A Zener diode is coupled between the source of the depletion-mode MOSFET and the output capacitor to establish a voltage differential between the output and the MOSFET source.