Photo: RNZ/Mark Papalii

The government says bringing in Open Electricity could save you $360 a year through improved competition.

Energy Minister Simon Watts was talking up the prospect of having the services available in New Zealand as early as September.

Watts said the framework was put in place as part of the government's Customer and Product Data Act passed last March, with Open Electricity designated by the government as the next suite of regulations after introducing Open Banking in December.

It was already in place in Australia and the UK, and would enable consumers' electricity usage data to be sha

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