The owner of Sark Electricity says talks with the government about a possible buyout have been "positive".
David Gordon-Brown intends to turn off the supply to the island's 300 homes at midnight on Friday after being forced to lower prices.
But it was revealed earlier that the Sark government has agreed to try to buy the island's power provider in a bid to avoid an island blackout.
After meeting with Sark's Seigneur Christopher Beaumont and Chief Pleas Conseiller William Raymond, Mr Gordon-Brown said he's hopeful a blackout can be avoided.
There will be further meetings on Friday in a bid to resolve the matter.