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David Gordon-Brown, the manager of Sark Electricity, says the recommendation by the island's first electricity regular to reduce electricity prices tells "a story of betrayal".
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'.
Latest ITV News reports
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.