A power supply adapted to be coupled in series electrical connection between an AC voltage source and an electrical load for generating a DC voltage, the power supply comprising an energy storage capacitor, the DC voltage produced across the capacitor; a charging circuit adapted to be coupled in series electrical connection between the source and the load and to conduct a load current from the source to the load, the charging circuit coupled to the energy storage capacitor for charging the energy storage capacitor; a controllably conductive device coupled in parallel electrical connection with the charging circuit and having a control input for rendering the controllably conductive device conductive, the controllably conductive device adapted to carry the load current from the source to the load when the controllably conductive device is conductive; and a triggering circuit coupled to the control input of the controllably conductive device for causing the controllably conductive device to become conductive when the energy storage capacitor has charged to a desired maximum value; wherein the charging circuit is adapted to conduct the load current from the source to the load when the controllably conductive device is non-conductive, the charging circuit imposing a low voltage drop relative to the peak value of an AC voltage of the AC voltage source, such that substantially all of the AC voltage is available to the load during the time when the controllably conductive device is non-conductive.