Abstract. The impact of kHz range harmonics on the power losses, thermal stress, and lifetime reduction of the dc-link capacitors in pulse-width modulation (PWM) converters was investigated. Expressions to evaluate the mean time to failure, survival probability, and unavailability of aging failure for dc-link capacitors are presented. The dc-link capacitors failures due to accelerated insulation aging were modeled using Weibull and normal distribution. A case study with the Siemens SINAMICS S120 frequency converter for driving of rolling mill leveler shows that the failures of motor modules due to breakdown of electrolytic dc-link capacitors registered for the time frame from May 2012 to October 2012 can be caused by the increased ambient temperature and additional heating due to high-frequency components of the ripple current. As a possible solution to improve reliability of motor modules, the four AVX FFVE4I0227K film capacitors instead of nine EPCOS В43564 electrolytic capacitors in dc-link were recommended.