A universal control panel for controlling operation of a cooling component. The universal control panel may have a variable frequency drive (VFD) that incorporates an input voltage and frequency sensing circuit; and logic, memory and communications circuits. The VFD accepts a plurality of differing input signals, analyzes the input signals and generates an output signal having a desired voltage and frequency to provide real time control over an electrical component operably associated with the cooling component. The VFD controls the cooling component in relation to changes in at least one of sensed pressure and a sensed temperature of a fluid, to dampen response of the electrical component, to thus achieve more efficient use of the cooling component being used to cool the fluid.