A power conversion apparatus includes: a first smoothing capacitor and a second smoothing capacitor connected in parallel to each other, an inrush current preventing circuit connected in series to the first smoothing capacitor, the inrush current preventing circuit including an inrush preventing resistor for suppressing an inrush current and a first relay connected in parallel to the inrush preventing resistor; a second relay connected in series to the second smoothing capacitor; an inverter circuit for converting the output smoothed by the first smoothing capacitor and the second smoothing capacitor into an AC voltage and outputting the AC voltage to a load; and relay controlling means for controlling a switching operation of the first relay and the second relay.