Central Coast homeowners will see lower water bills from July.
Pricing watchdog, IPART, has confirmed a price drop of about $350 a year for the Gosford area.
While Wyong households would be spared around $170 a year.
Council will lose about $54 million over three years as a result of the review, which includes non-residential water and storm water charges.
It will look over the report during Monday night’s meeting.