We consider an alternative hypothesis of crater formation -- through an electric discharge machining (EDM) of the celestial bodies' surfaces. The source of the energy and the current itself may lie in the plasma infalling on a celestial body (from an extremely strong solar outburst or a nearby supernova). This mechanism may have been even more important than impact cratering in the early Solar System, with potential implications to the history of the dynamics of the System itself and solar activity in particular. In this light, the conclusion that shocked and metamorphosed minerals found within crater sites are evidence of hypervelocity impacts might be reconsidered. There are ambiguities that remain among sources of mineralogical formations. This study is ongoing with details of investigations supporting a new approach to crater formation not yet exhausted. Apart from mineralogical analysis and theoretical considerations regarding the large scale crater formation, we present a description of experimental studies of EDM acting at low pressures. Experimental results are made with crude setups and could easily be replicated on a larger scale with valuable research potential, as there is a well understood relation between the crater size and the energy needed for its production.