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

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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 March 2003 under a servicing agreement related to $468,592,000 in securitization bonds. It details amounts billed and collected from residential, commercial, and industrial customers, as well as net write-offs and remittances. The document fulfills a reporting obligation under the servicing agreement and is signed by an authorized officer of Consumers Energy Company.

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EX-10.(C) 5 k76735exv10wxcy.txt MONTHLY SERVICERS CERTIFICATE DATED 04/17/03 EXHIBIT 10(c) 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: March 2003
CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $153,842,613 Residential SECURITIZATION CHARGE (SC) Billed $1,454,425 0.945% Commercial Total Billed $82,577,763 Commercial SECURITIZATION CHARGE (SC) Billed $1,289,158 1.561% Industrial Total Billed $47,811,654 Industrial SECURITIZATION CHARGE (SC) Billed $1,325,436 2.772% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.180% Residential Customer Net Write-offs 0.520% Total Net Write-offs 0.330% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $1,457,966 Commercial Class SC Collected $1,354,925 Industrial Class SC Collected $1,337,560 Total SC Collected $4,150,451 Aggregate SC Remittances for January 2003 BILLING MONTH $3,975,097 Aggregate SC Remittances for February 2003 BILLING MONTH $4,282,447 Aggregate SC Remittances for March 2003 BILLING MONTH $4,150,451 TOTAL CURRENT SC REMITTANCES $12,407,995
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CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,383,931 A-3 Residential T.O.D. SC Collected $6,512 A-4 Alternate Residence SC Collected $35,891 A-5 Residential Farm/Life Support SC Collected $31,632 TOTAL RESIDENTIAL SC COLLECTED $1,457,966 COMMERCIAL B-1 General Primary (041) SC Collected $20,427 B-General Secondary (010) SC Collected $254,791 C-General Secondary (011) SC Collected $481,607 D-General Primary (018) SC Collected $304,822 F-Primary High Load Factor (032) SC Collected $46,922 GH-General Service Heating (013) SC Collected $10,373 H- Water Heating Service (014) SC Collected $610 L-1 General Energy-Only Street Lighting SC Collected $2,514 L-2 General Service (Cust Owned) St Light SC Collected $2,656 L-3 General Service (Co Owned) St Light SC Collected $13,622 L-4 General Service Outdoor Lighting Commercial SC Collected $1,853 PS-1 General Secondary Public Pumping SC Collected $7,589 PS-2 General Primary Public Pumping SC Collected $7,336 PS-3 General Optional Primary Public Pumping SC Collected $37,221 R-1 General Secondary Resale SC Collected $28 R-2 General Secondary Resale SC Collected $1,007 R-3 General Primary Resale SC Collected $31,667 ROA-P Retail Open Access Primary (110) SC Collected $98,665 ROA-S Retail Open Access Secondary Com SC Collected $12,350 SC - Special Contract Commercial SC Collected $1,782 SPEC Grand Rapids Special Contract SC Collected $2,892 UR-General Unmetered SC Collected $14,191 TOTAL COMMERCIAL SC COLLECTED $1,354,925 INDUSTRIAL B-1 General Primary (042) SC Collected $14,945 B-General Secondary (020) SC Collected $34,995 C-General Secondary (021) SC Collected $74,114 CG-Cogeneration/Small Power Production Purchase SC Collected $1,492 D-General Primary (028) SC Collected $539,867 F-Primary High Load Factor (033) SC Collected $68,137 GH-General Service Heating (023) SC Collected $94 GMD General Motors SC Collected $68,205 GMF General Motors SC Collected $124,869 GMF-1 General Motors SC Collected $12,455 GMJ-1 General Motors SC Collected $11,664
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CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100% H- Water Heating Service (024) SC Collected $2 J-1General Alternative Electric Metal Melting SC Collected $34,888 J-General Primary Electric Furnace (037) SC Collected $4,486 L-4 General Service Outdoor Lighting Industrial SC Collected $106 ROA-P Retail Open Access Primary (111) SC Collected $275,344 ROA-S Retail Open Access Secondary Ind SC Collected $1,557 SC - Special Contract Industrial SC Collected $70,340 TOTAL INDUSTRIAL SC COLLECTED $1,337,560 TOTAL SC COLLECTED $4,150,451
Executed as of this 17th day of April 2003. ------------ ------------ CONSUMERS ENERGY COMPANY AS SERVICER /s/ Glenn P. Barba ------------------------------ Glenn Barba, Vice President, Controller and Chief Accounting Officer CC: Consumers Funding LLC Suite M-1079 212 W. Michigan Ave Jackson, Mi 49201