A merger may be in store for London Hydro.
 
The potential merger was revealed in a letter by the chairperson of London Hydro and is headed to council's strategic priorities and policy committee.

It's not known what party the utility is in talks with.

According to the letter, if a merger happens it would likely reduce electricity rates for residents.

The letter also says the merged company would be operating by January 1, 2018 at the latest.