EXHIBIT 10(a)
MONTHLY SERVICER'S CERTIFICATE
CONSUMERS FUNDING LLC
$468,592,000 SECURITIZATION BONDS, SERIES 2001-1
Pursuant to Section 3.05 of the Servicing Agreement dated as of November 8, 2001
(the "Consumers Servicing Agreement") between Consumers Energy Company, as
Servicer and Consumers Funding LLC, as Issuer, the Servicer does hereby certify
as follows:
Capitalized terms used in the Monthly Servicer's Certificate (the "Monthly
Certificate") have their respective meanings as set forth in the Servicing
Agreement. References herein to certain sections and subsections are references
to the respective sections of the Servicing Agreement.
Current BILLING MONTH: April 2003
CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $141,706,662
Residential SECURITIZATION CHARGE (SC) Billed $1,371,144 0.968%
Commercial Total Billed $81,247,895
Commercial SECURITIZATION CHARGE (SC) Billed $1,276,841 1.572%
Industrial Total Billed $47,931,754
Industrial SECURITIZATION CHARGE (SC) Billed $1,315,051 2.744%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
-------------------------------------------
Non-Residential Customer Net Write-offs 0.190%
Residential Customer Net Write-offs 0.420%
Total Net Write-offs 0.290%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $1,282,056
Commercial Class SC Collected $1,274,845
Industrial Class SC Collected $1,486,701
Total SC Collected $4,043,602
Aggregate SC Remittances for April 2003 BILLING MONTH $4,043,602
Aggregate SC Remittances for May 2003 BILLING MONTH $0
Aggregate SC Remittances for June 2003 BILLING MONTH $0
TOTAL CURRENT SC REMITTANCES $4,043,602
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CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100%
CALCULATED SC COLLECTED AMOUNT
------------------------------
RESIDENTIAL
-----------
A-1 Residential SC Collected $1,215,800
A-3 Residential X.X.X. SC Collected $6,108
A-4 Alternate Residence SC Collected $31,573
A-5 Residential Farm/Life Support SC Collected $28,575
TOTAL RESIDENTIAL SC COLLECTED $1,282,056
COMMERCIAL
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B-1 General Primary (041) SC Collected $21,246
B- General Secondary (010) SC Collected $228,462
C- General Secondary (011) SC Collected $468,181
D- General Primary (018) SC Collected $296,872
F- Primary High Load Factor (032) SC Collected $46,063
GH- General Service Heating (013) SC Collected $7,036
H- Water Heating Service (014) SC Collected $562
L-1 General Energy-Only Street Lighting SC Collected $2,319
L-2 General Service (Cust Owned) St Light SC Collected $2,568
L-3 General Service (Co Owned) St Light SC Collected $13,215
L-4 General Service Outdoor Lighting Commercial SC Collected $1,729
PS-1 General Secondary Public Pumping SC Collected $6,703
PS-2 General Primary Public Pumping SC Collected $8,954
PS-3 General Optional Primary Public Pumping SC Collected $40,741
R-1 General Secondary Resale SC Collected $36
R-2 General Secondary Resale SC Collected $972
R-3 General Primary Resale SC Collected $29,756
ROA-P Retail Open Access Primary (110) SC Collected $73,185
ROA-S Retail Open Access Secondary Com SC Collected $11,397
SC - Special Contract Commercial SC Collected $1,904
SPEC Grand Rapids Special Contract SC Collected $2,838
UR- General Unmetered SC Collected $10,106
TOTAL COMMERCIAL SC COLLECTED $1,274,845
INDUSTRIAL
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B-1 General Primary (042) SC Collected $15,959
B- General Secondary (020) SC Collected $33,351
C- General Secondary (021) SC Collected $76,452
CG- Cogeneration/Small Power Production Purchase SC Collected $1,684
D- General Primary (028) SC Collected $570,851
F- Primary High Load Factor (033) SC Collected $77,561
GH- General Service Heating (023) SC Collected $57
GMD General Motors SC Collected $64,878
GMF General Motors SC Collected $126,971
GMF-1 General Motors SC Collected $14,619
GMJ-1 General Motors SC Collected $9,269
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CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100%
H- Water Heating Service (024) SC Collected $2
I- General Primary Interruptible (034) SC Collected $5,088
J-1 General Alternative Electric Metal Melting SC Collected $38,015
J- General Primary Electric Furnace (037) SC Collected $8,696
L-4 General Service Outdoor Lighting Industrial SC Collected $111
ROA-P Retail Open Access Primary (111) SC Collected $202,787
ROA-S Retail Open Access Secondary Ind SC Collected $1,472
SC - Special Contract Industrial SC Collected $238,878
TOTAL INDUSTRIAL SC COLLECTED $1,486,701
TOTAL SC COLLECTED $4,043,602
Executed as of this 20th day of May 2003.
CONSUMERS ENERGY COMPANY
AS SERVICER
--------------------------------
Xxxxx Xxxxx, Vice President,
Controller and Chief Accounting
Officer
CC: Consumers Funding LLC
Xxx Xxxxxx Xxxxx
Xxxxxxx, Xx 00000
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