A power system having a plurality of power converters coupled together at a point of common coupling (PCC). The power converters are coupled to a load and provide a combined power converter output to the load. A switch is coupled in series between the PCC and an external grid. When the switch is closed, the power system is in a grid-tied configuration and when the switch is open, the power system is in a microgrid configuration. A control system coupled to the power converters enables the switch to open and close in response to a signal received from one or more sensors monitoring the external grid, enables the power converters to operate in a current control mode when the switch is closed, and transitions the power converters from grid-tied mode to microgrid mode and synchronize the power converters such that the converters share the load.