Methods and systems are disclosed that may be employed to improve efficiency of smart integrated power stages (IPstages) of multi-phase VR systems while operating under relatively light, ultra-light, or partial or reduced loads. The disclosed methods and systems may be implemented to improve VR system light load efficiency by providing and enabling reduced power IPstage operating modes in one or more smart IPstage/s of a VR system, and by enabling state transition between IPstage active and reduced power operating modes such as IPstage standby and IPstage hibernation modes.