The invention relates to a multi-tap electric reactor-based capacitive load power factor compensation circuit comprising a load voltage-current signal processing circuit and a compensation control and power supply circuit. To be specific, the multi-tap electric reactor-based capacitive load power factor compensation circuit is composed of a voltage transformer VS1, a current transformer CS1, a processor IC1, a drive chip IC2, a voltage-stabilized source module U0, an A solid-state relay U1, a B solid-state relay U2, a C solid-state relay U3, a D solid-state relay U4, an E solid-state relay U5, an F-solid state relay U6, a G solid-state relay U7, an electric reactor L1, a reference tube D1, an upper voltage-regulator tube D2, a lower voltage-regulator tube D3, and a load resistor R1 and the like. According to the invention, disturbance-free switch controlling is carried out on a power grid by using the multiple zero-crossing alternating-current solid-state relays and one multi-tap compensation reactor, thereby realizing multi-level compensation control of a power factor; and the requirements of power factor compensation control of most of capacitive loads can be met. Moreover, the provided circuit has advantages of high cost performance, good universality, and high security and reliability.