The effects of multigrounded neutral (MGN) in three-phase distribution systems are not easy to analyze due to the presence of a fourth conductor-the neutral and its multigrounded arrangement. As a result, the mechanism of voltage swell in MGN feeders becomes difficult to understand. The amount of voltage swell in a MGN feeder is affected by unique factors such as the current in the neutral wire and the neutral-to-phase voltage induction. The purpose of this letter is to reveal and quantify all factors that contribute to voltage swell and substation ground potential rise in an MGN system. The results are expected to help utility engineers to understand the impact of MGN on distribution system operations and to assist their deployment of the MGN schemes