Using both voltage and phase control with PWM is essential for efficient AC motor speed regulation. While PWM can control voltage by varying the duty cycle, it lacks the precision needed for optimal performance. Voltage control adjusts the amplitude, but phase control fine-tunes the timing of the voltage, allowing for smoother operation. This combination enables finer adjustments to motor speed, especially when the desired speed falls between two voltage levels. Overall, integrating both controls enhances the precision and efficiency of AC motor management.