Systems and methods for reducing power consumption of a voltage regulator are disclosed. In accordance with one embodiment of the present disclosure a voltage regulator comprises an input node configured to receive a reference voltage and an output node configured to output an output voltage. The output voltage is a function of the reference voltage and a regulating current. The regulator further comprises a proportional to absolute temperature (PTAT) circuit coupled to at least one of the output node and the input node. The PTAT circuit is configured to vary at least one of the reference voltage and the regulating current as a function of temperature.