A driving circuit for powering a light-emitting diode (LED) light source includes a converter circuit, an energy storage element and a switch element. The converter circuit provides a first output voltage on a first power line to provide power to the LED light source and provides a second output voltage on a second power line that is less than the first output voltage. The energy storage element is charged and discharged to regulate a current through the LED light source. The switch element operates in a first state during which the energy storage element is charged and operates in a second state during which the energy storage element is discharged. The converter circuit provides the second output voltage to maintain an operating voltage across the switch element less than the first output voltage during both the first state and the second state.