A distributed power supply system in which no simultaneous disconnection from the system occurs when a system voltage momentarily drops is provided. It includes an inverter circuit that converts a direct current power generated by a direct current power supply and that supplies the alternating current power to an alternating current power supply power system, and an inverter control circuit for carrying out PWM control of the inverter circuit, wherein the inverter control circuit includes a three-phase voltage command signal generation unit, that is configured of a three-phase fundamental wave signal generation unit that generates three-phase fundamental wave signals from two phase components of voltage detected by a voltage detector, and a third harmonic signal generation unit that adds together third harmonic components of respective phases, having a predetermined amplitude, generated based on the three-phase fundamental wave signals.