Monthly Servicer's Certificate for Securitization Bonds, Series 2000-1 between Consumers Energy Company and Consumers Funding LLC (May 2002)

Contract Categories: Business Operations › Services Agreements
Summary

This certificate, issued by Consumers Energy Company as Servicer to Consumers Funding LLC as Issuer, reports on the billing and collection of securitization charges for April 2002 under their Servicing Agreement. It details amounts billed and collected from residential, commercial, and industrial customers, as well as net write-offs and remittances for the $468,592,000 Securitization Bonds, Series 2000-1. The document certifies the accuracy of collections and remittances for the specified period, as required by the Servicing Agreement.

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EX-10.(A) 3 k71337exv10wxay.txt MONTHLY SERVICER'S CERTIFICATE DATED MAY 15, 2002 EXHIBIT 10(a) MONTHLY SERVICER'S CERTIFICATE CONSUMERS FUNDING LLC $468,592,000 SECURITIZATION BONDS, SERIES 2000-1 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 2002
CURRENT BILLING MONTH 4/2/02 - 5/2/02 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $126,531,144 Residential SECURITIZATION CHARGE (SC) Billed $1,377,073 1.088% Commercial Total Billed $78,765,157 Commercial SECURITIZATION CHARGE (SC) Billed $1,355,356 1.721% Industrial Total Billed $52,982,559 Industrial SECURITIZATION CHARGE (SC) Billed $1,416,141 2.673% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.400% Residential Customer Net Write-offs 0.400% Total Net Write-offs 0.400% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $1,294,479 Commercial Class SC Collected $1,339,251 Industrial Class SC Collected $1,670,228 Total SC Collected $4,303,958 Aggregate SC Remittances for December BILLING MONTH $1,632,249 Aggregate SC Remittances for January BILLING MONTH $3,523,090 Aggregate SC Remittances for February BILLING MONTH $4,133,025 Aggregate SC Remittances for March BILLING MONTH $4,173,765 Aggregate SC Remittances for April BILLING MONTH $4,303,958 TOTAL CURRENT SC REMITTANCES $17,766,087
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CURRENT BILLING MONTH 4/2/02 - 5/2/02 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,230,032 A-3 Residential T.O.D. SC Collected $6,017 A-4 Alternate Residence SC Collected $28,755 A-5 Residential Farm/Life Support SC Collected $29,675 TOTAL RESIDENTIAL SC COLLECTED $1,294,479 COMMERCIAL B-1 General Primary (041) SC Collected $14,376 B-General Secondary (010) SC Collected $228,152 C-General Secondary (011) SC Collected $477,804 D-General Primary (018) SC Collected $316,729 F-Primary High Load Factor (032) SC Collected $67,492 GH-General Service Heating (013) SC Collected $7,308 H-Water Heating Service (014) SC Collected $551 L-1 General Energy-Only Street Lighting SC Collected $2,413 L-2 General Service (Cust Owned) St Light SC Collected $2,686 L-3 General Service (Co Owned) St Light SC Collected $14,294 L-4 General Service Outdoor Lighting Commercial SC Collected $1,953 PS-1 General Secondary Public Pumping SC Collected $7,479 PS-2 General Primary Public Pumping SC Collected $6,152 PS-3 General Optional Primary Public Pumping SC Collected $45,620 R-1 General Secondary Resale SC Collected $32 R-2 General Secondary Resale SC Collected $1,056 R-3 General Primary Resale SC Collected $37,059 ROA-P Retail Open Access Primary (110) SC Collected $81,763 ROA-S Retail Open Access Secondary Com SC Collected $12,623 SPEC Grand Rapids Special Contract SC Collected $3,055 UR-General Unmetered SC Collected $10,654 TOTAL COMMERCIAL SC COLLECTED $1,339,251 INDUSTRIAL B-1 General Primary (042) SC Collected $17,636 B-General Secondary (020) SC Collected $34,984 C-General Secondary (021) SC Collected $80,056 CG-Cogeneration/Small Power Production Purchase SC Collected $1,603 D-General Primary (028) SC Collected $705,264 F-Primary High Load Factor (033) SC Collected $127,967 GH-General Service Heating (023) SC Collected $74 GMD General Motors SC Collected $67,171 GMF General Motors SC Collected $174,632 GMF-1 General Motors SC Collected $27,172 GMJ-1 General Motors SC Collected $18,392 H-Water Heating Service (024) SC Collected $5
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CURRENT BILLING MONTH 4/2/02 - 5/2/02 COLLECTION CURVE 100% I-General Primary Interruptible (034) SC Collected $3,259 J-1General Alternative Electric Metal Melting SC Collected $58,291 J-General Primary Electric Furnace (037) SC Collected $8,772 L-4 General Service Outdoor Lighting Industrial SC Collected $115 ROA-P Retail Open Access Primary (111) SC Collected $211,969 ROA-S Retail Open Access Secondary Ind SC Collected $776 SC - Special Contract Industrial SC Collected $132,090 TOTAL INDUSTRIAL SC COLLECTED $1,670,228 TOTAL SC COLLECTED $4,303,958
Executed as of this 15th day of May 2002. CONSUMERS ENERGY COMPANY AS SERVICER /s/ Glenn Barba ------------------------ Glenn Barba, Controller CC: Consumers Funding LLC Suite M-1079 212 W. Michigan Ave Jackson, Mi 49201 Page 3 of 3