Advantages
78xx series ICs do not require additional components to provide a constant, regulated source of power, making them , as well as economical and efficient uses of space. Other voltage regulators may require additional components to set the output voltage level, or to assist in the regulation process. Some other designs (such as a switched-mode power supply) may need substantial engineering expertise to implement.
78xx series ICs have built-in protection against a circuit drawing too much power. They have protection against overheating and short-circuits, making them quite robust in most applications. In some cases, the current-limiting features of the 78xx devices can provide protection not only for the 78xx itself, but also for other parts of the circuit.
Disadvantages
The input voltage must always be higher than the output voltage by some minimum amount (typically 2 volts). This can make these devices unsuitable for powering some devices from certain types of power sources (for example, powering a circuit that requires 5 volts using 6-volt batteries will not work using a 7805).
As they are based on a linear regulator design, the input current required is always the same as the output current. As the input voltage must always be higher than the output voltage, this means that the total power (voltage multiplied by current) going into the 78xx will be more than the output power provided. The extra input power is dissipated as heat. This means both that for some applications an adequate heatsink must be provided, and also that a (often substantial) portion of the input power is wasted during the process, rendering them less efficient than some other types of power supplies. When the input voltage is significantly higher than the regulated output voltage (for example, powering a 7805 using a 24 volt power source), this inefficiency can be a significant issue.
Pin No Function Name
1 Input voltage (5V-18V) Input
2 Ground (0V) Ground
3 Regulated output; 5V (4.8V-5.2V) Output


































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IF U PLACE 7815 IC and put variable resister across 3 and 2 pin then u get all the range from 0 to 15...