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The advent of renewable energy resources and distributed energy systems herald a new set of challenges of power quality, efficient distribution, and stability in the power system. Furthermore, the power electronic converters integration has been increased in interfacing alternate energy systems and industries with the transmission and distribution grids. Owing to the intermittency of renewable energy resources and the application of power electronic converters the power distribution faces peculiar challenges. The dead-time effects are among the main challenges, which leads to the distortion of third harmonics, phase angle, torque pulsation, and induction motor current, causing severe quality problems for power delivery. To tackle these problems, this paper proposes a novel dead time compensation technique for improving the power quality parameters and improving the efficiency of power converters. The proposed model is simulated in MATLAB and the parametric equations are plotted against the corresponding parametric values. Furthermore, by implementing the proposed strategy, significant improvements are attained in the torque pulsation, speed, and total harmonic distortion of the induction motor. The comparisons are drawn between with and without dead time compensation technique, the former shows significant improvements in all aspects of the power quality parameters and power converters efficiency.