Electricity prices in the Southern Highlands are set to drop after a final determination by the Australian Energy Regulator.
The average annual electricity bill for a residential and small business customer is estimated to drop between $24 and $44 starting July 1.
According to the final review determination from the AER the average annual electricity bill for the region is estimated to be 1.3 per cent lower by June 30 2024.
Endeavor Energy supplies electricity to 2.4 million people across Sydney's Greater West, the Blue Mountains, Southern Highlands, the Illawarra and the South Coast.
The AER will control Endeavour Energy's revenue by capping the total revenue the company can receive from its customers at $4,201.2 million.
The lower network price aims to decrease electricity costs as poles and wires make up between 30 and 40 per cent of the average household's bill.