Systems and methods are disclosed that may be used for controlling information handling system power supply based on current system power policy such as current system load power need and/or based on current system load power capping information. The disclosed systems and methods may be so implemented to improve power use efficiency for information handling system applications in which a power supply unit (PSU) has a power delivery capability that is overprovisioned relative to the power-consuming system load component/s of an information handling system.