Electric Consumers' Power to Choose Act of 1996

[AI summary unavailable — showing source text] TABLE OF CONTENTS: Title I: Competitive Retail Electric Energy Service Title II: Public Utility Holding Company Act of 1935 Title III: Public Utility Regulatory Policies Act of 1978 Electric Consumers' Power to Choose Act of 1996 - Title I: Competitive Retail Electric Energy Service - Sets December 15, 2000, as the deadline by which all electric utility retail customers shall have the right to purchase retail electric energy services from any person offering them. (Sec. 103) Authorizes a State to elect to establish by the deadline retail electric service choice for retail customers of State regulated electric utilities, with rules providing for: (1) customer choice; (2) nondiscriminatory access; (3) flexible pricing procedure; (4) incentive-based rate regulation; and (5) termination of certain regulations, including price regulation. (Sec. 104) Authorizes a nonregulated electric utility to elect to establish retail electric service choice for its customers, with rules providing for: (1) customer choice; (2) nondiscriminatory access. Prohibits an electric energy purchaser from reselling electric energy purchased pursuant to a long-term firm power contract from a Federal power market…