Disclosed herein are various embodiments of systems and methods for controlling a voltage profile delivered to a load in an electric power system. According to various embodiments, an electric power system may include an electric power line, a variable tap transformer, and a capacitor bank. The variable tap transformer may include a plurality of tap positions. A tap change controller may be coupled with the variable tap transformer and may control the tap positions of the variable tap transformer. A capacitor bank controller may be coupled with the capacitor bank and may selectively couple the capacitor bank to the electric power line. The tap change controller and the capacitor bank controller may share system information related to the voltage profile along the electric power line and to change the voltage profile along the line using the variable tap transformer and the capacitor bank depending on the system information.