A system switches between application of a first supply voltage and a second supply voltage to a load. The second supply voltage is a regulated voltage that is generated from the first supply voltage, or is alternatively generated from a reference voltage, such as bandgap. When the load is supplied from the first supply voltage, the regulated voltage is also generated from the first supply voltage. At or after switching the load to the second supply voltage, the regulated voltage is generated instead from the reference voltage. The load is a clock circuit, such as an oscillator. The controlled switching of the supply voltage for the load in the manner described addresses concerns over introducing errors in the output clock signal when the clock circuit's supply voltage is changed.