Consumers Electric Power Act of 1997

[AI summary unavailable — showing source text] Consumers Electric Power Act of 1997 - Declares that each person has the right to purchase electric service from any electric service provider. Prohibits a governmental authority from: (1) denying or limiting a person's right to purchase such energy from an electric service provider at a price and on terms and conditions freely arrived at; (2) discriminating or authorizing discrimination against any person exercising the right to purchase such energy; or (3) granting any preference or protection from competition to any electric service provider (including subsidies, exit fees, and other penalties on exercising choice of electric purchases). Permits electric energy purchasers to choose alternative arrangements for the delivery of electric energy. (Sec. 4) Prohibits any State from establishing discriminatory requirements or other obligations for certification of electric service providers within that State. Authorizes a State to establish rules for initial, nondiscriminatory assignment of retail customers who fail to select an electric service provider. (Sec. 5) Enumerates objectives to be achieved through the operation of transmission and distribution systems. Grants the Federal Ene…