Stocks Hotel is set to use its own generators to produce electricity from February next year - rather than pay Sark Electricity.

Owner Paul Amorgie says the hotel has been looking to become more self-sufficient after the price increases.

It follows a public meeting of residents who aimed to find a solution to the issue of islanders paying the highest known rate per unit in the world.

The rate was branded 'neither fair nor reasonable' by the Electricity Price Control Commissioner and the Chief Pleas voted unanimously to draft legislation to prevent future price increases.

The price increase is partly down to the company trying to recover legal costs after a standoff with the Chief Pleas, when it was threatened that the island's power would be completely shut off.