Inverters are an essential part in many applications including photovoltaic generation. With the increasing penetration of renewable energy sources, the drive for efficient inverters is gaining more and more momentum. In this paper, output power quality, power loss, implementation complexity, cost, and relative advantages of the popular cascaded multilevel H-bridge inverter and a modified version of it are explored. An optimal number of levels and the optimal switching frequency for such inverters are investigated, and a five-level architecture is chosen considering the trade-offs. This inverter is driven by level shifted in-phase disposition pulse width modulation technique to reduce harmonics, which is chosen through deliberate testing of other advanced disposition pulse width modulation techniques. To reduce the harmonics further, the application of filters is investigated, and an LC filter is applied which provided appreciable results. This system is tested in MATLAB/Simulink and then implemented in hardware after design and testing in Proteus ISIS. The general cascaded multilevel H-bridge inverter design is also implemented in hardware to demonstrate a novel low-cost MOSFET driver build for this study. The hardware setups use MOSFETs as switching devices and low-cost ATmega microcontrollers for generating the switching pulses via level shifted in-phase disposition pulse width modulation. This implementation substantiated the effectiveness of the proposed design.