The perturb and observe (P&O) algorithm is one of the most commonly utilized maximum power point tracking (MPPT) control schemes for photovoltaic (PV) generators. However, the operation of this algorithm at high perturbation frequencies, when the system response to MPPT perturbations is never allowed to settle, has not been given adequate attention in the literature. This paper characterizes system behavior in this mode of operation for standalone PV systems feeding resistive loads and motor-pump loads. Simulation and experimental results show that the P&O algorithm operating at a high perturbation frequency may offer higher energy utilization efficiency and better system performance, despite the resulting nonperiodic waveforms of the system.