Islanders in Sark could see electricity prices plummet, after politicians voted for a regulator.
Chief Pleas voted for the a regulator for the first time last night, who will be able to check prices.
The island currently pays the highest price in the islands for electricity, around four times more than Jersey.
The owner of Sark Electricity Ltd has told ITV News of his fears that regulation could 'put prices up even more'.
Yesterday Chief Pleas voted to bring in a regulator for the first time, who will be able to control prices.
Sark currently pays among the highest prices int he world for electricity.
But David Gordon-Brown says if the issue 'isn't sorted out properly' it could get worse, which is the last thing the island 'wants and needs'.
The amount islanders pay for electricity should be cut, according to Sark's Electricity Commissioner.
Currently electricity in Sark is set at one of the highest prices in western Europe at more than 60p per unit.
Sark's government says a new electricity regulator is a 'step forward'. They can regulate prices which are among the highest in the world.