Systems and methods for operating a variable speed drive to receive an input AC power at a fixed AC input voltage and frequency and provide an output AC power at a variable voltage and variable frequency. The variable speed drive includes a converter stage to convert the input AC voltage to a boosted DC voltage, a DC link connected to the converter stage to filter and store the boosted DC voltage from the converter stage; and an inverter stage to convert the boosted DC voltage into AC power with variable voltage and the variable frequency. An integral bypass contactor is connected in parallel with the VSD between the AC power source and the AC output power. The integral bypass contactor is arranged to bypass the VSD when the VSD output frequency and voltage are approximately equal with the AC input voltage and frequency.