A power conversion device includes an inverter circuit converting DC power into AC power and including switching devices constituting upper and lower arms, a control circuit controlling the switching devices, a drive circuit driving the switching devices by a signal from the control circuit, and an insulated power supply circuit supplying power to the drive circuit. The control circuit controls a power supply voltage to be outputted from the power supply circuit to the drive circuit. The drive circuit drives the switching devices and based on a carrier frequency and the power supply voltage. The power supply circuit includes a feedback output circuit through which the voltage outputted to the drive circuit is outputted to a power supply control IC. The feedback output circuit includes a dummy load circuit which controls the voltage to be outputted to the power supply control IC based on a change of the carrier frequency.