This disclosure generally provides an input device that includes a reference voltage modulator that modulates reference voltage rails when performing capacitive sensing. In one embodiment, reference voltage rails are coupled to a DC power source which provides power to operate a panel that includes a display screen integrated with a touch sensing region. Before performing capacitive sensing, the input device may isolate the DC power source from the reference voltage rails and use the reference voltage rails to modulate the rails—e.g., VDD and VGND. The input device may include a receiver that simultaneously acquires resulting signals from a plurality of display and/or sensor electrodes when modulating the reference voltage rails. The resulting signals can then be processed to determine if an input object is interacting with the input device.