An electronic system having a linear voltage regulator and method of operating the linear voltage regulator. A linear voltage regulator of an electronic system has at least three ballast devices. The method of operating includes producing a voltage at an output terminal that is electrically coupled to a node of a first one of the three or more ballast devices; receiving a power mode indication; activating a first additional ballast device of the linear voltage regulator to add first additional capacitance to a load corresponding to the power mode; generating one or more successively delayed ballast control signals based at least in part on the power mode indication; and activating, using the successively delayed ballast control signals, second additional ballast devices of the linear voltage regulator to add second capacitances to the load of the linear voltage regulator.