An integrated bus controller and power supply device includes a typical or standard bus controller and a bus power supply disposed in a common housing, the size and external configuration of which may match a standard bus controller device associated with a typical I/O communication network. The bus controller may store and implement one or more control routines using one or more field devices connected to the I/O communication network while the bus power supply generates and provides the appropriate power signal to the bus of the I/O communication network, the power signal being used to power the field devices connected to the I/O communication network. The integrated bus controller and power supply device can be easily connected to the bus of the I/O communication network to provide both bus controller functionality and bus power supply functionality on the I/O communication network, without the need of configuring and attaching separate, dedicated bus controller and power supply devices to the bus and having to wire these devices together using multiple different terminal blocks.