A power converter includes a power module having a positive electrode of a positive-side switching device connected to a first terminal, a negative electrode of the positive-side switching device and a positive electrode of a negative-side switching device connected to a second terminal, and a negative electrode of the negative-side switching device connected to a third terminal. The first terminal is connected to a P terminal of a filter capacitor via a first conductor of a bus bar that is a parallel flat plate conductor. The third terminal is connected to an N terminal of the filter capacitor via a second conductor of the bus bar. The bus bar as the parallel flat plate conductor has an L shape. The second terminal is connected to a load via a conductor bar physically different from the bus bar.