Legacy automatic variable capacitor KVAR compensation systems typically use either electromechanical devices such as relays or contactors of various forms and types to switch the selected capacitors in and out of the electrical system under some form of electronic control. These systems are slow and discontinuous in their ability to closely regulate the exact value of compensatory capacitance needed to compensate the variable and rapidly changing reactive power KVAR in the electrical power transmission and distribution networks. The present invention provides a fast response active KVAR compensator based on a variable transimpedance topology.