An inverting apparatus and an AC power system are provided. The inverting apparatus includes an inverting circuit, a detection circuit, and a control circuit. The inverting circuit receives a DC input voltage and converts the DC input voltage into an AC output voltage. The detection circuit samples the AC output voltage and compares the sampled AC output voltage respectively with a first reference voltage and a second reference voltage so as to generate a first indication signal and a second indication signal. The control circuit controls the operation of the inverting circuit. The control circuit determines whether the amplitude of the AC output voltage is located within an operating voltage range during each driving cycles according to the first and the second indication signals, and decides whether to enable an overvoltage protection or an undervoltage protection to control the power conversion of the inverting circuit according to the determination results.