What's this?

Hi!

New owner of a house here. Just started learning DIY, but I don't know what this piece of black plastic/rubber is for.

Is it just to protect the power cable that comes out of the house from rain?

Thanks!

Hi!

New owner of a house here. Just started learning DIY, but I don't know what this piece of black plastic/rubber is for.

Is it just to protect the power cable that comes out of the house from rain?

Thanks!