Monthly Servicer's Certificate for Consumers Funding LLC Securitization Bonds, Series 2001-1 (May 2004)

Contract Categories: Business Operations › Administration Agreements
Summary

This certificate, issued by Consumers Energy Company as Servicer to Consumers Funding LLC as Issuer, reports on the collection and remittance of securitization charges for April 2004 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-off rates. The certificate confirms that $4,013,407 in securitization charges was collected and remitted for the billing month. The document is executed by an authorized officer of Consumers Energy Company.

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EX-10.(A) 2 k86598exv10wxay.txt MONTHLY SERVICER'S CERTIFICATE DATED MAY 17, 2004 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 2004
CURRENT BILLING MONTH 4/2/2004 - 5/3/2004 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $140,539,897 Residential SECURITIZATION CHARGE (SC) Billed $ 1,289,015 0.917% Commercial Total Billed $ 81,543,109 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,281,130 1.571% Industrial Total Billed $ 44,973,082 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,287,245 2.862% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.150% Residential Customer Net Write-offs 0.410% Total Net Write-offs 0.260% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $ 1,246,158 Commercial Class SC Collected $ 1,256,363 Industrial Class SC Collected $ 1,510,886 Total SC Collected $ 4,013,407 Aggregate SC Remittances for April 2004 BILLING MONTH $ 4,013,407 Aggregate SC Remittances for May 2004 BILLING MONTH $ 0 Aggregate SC Remittances for June 2004 2004 BILLING MONTH $ 0 TOTAL CURRENT SC REMITTANCES $ 4,013,407
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CURRENT BILLING MONTH 4/2/2004 - 5/3/2004 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,183,426 A-3 Residential T.O.D. SC Collected $ 5,185 A-4 Alternate Residence SC Collected $ 29,897 A-5 Residential Farm/Life Support SC Collected $ 27,650 TOTAL RESIDENTIAL SC COLLECTED $1,246,158 COMMERCIAL B-1 General Primary (041) SC Collected $ 25,174 B-General Secondary (010) SC Collected $ 223,027 C- General Secondary (011) SC Collected $ 458,613 D-General Primary (018) SC Collected $ 260,898 F-Primary High Load Factor (032) SC Collected $ 41,216 GH-General Service Heating (013) SC Collected $ 6,053 H- Water Heating Service (014) SC Collected $ 567 L-1 General Energy-Only Street Lighting SC Collected $ 2,347 L-2 General Service (Cust Owned) St Light SC Collected $ 2,511 L-3 General Service (Co Owned) St Light SC Collected $ 12,886 L-4 General Service Outdoor Lighting Commercial SC Collected $ 1,718 PS-1 General Secondary Public Pumping SC Collected $ 6,963 PS-2 General Primary Public Pumping SC Collected $ 7,289 PS-3 General Optional Primary Public Pumping SC Collected $ 34,184 R-1 General Secondary Resale SC Collected $ 6 R-2 General Secondary Resale SC Collected $ 813 R-3 General Primary Resale SC Collected $ 22,157 ROA-P Retail Open Access Primary (110) SC Collected $ 110,008 ROA-S Retail Open Access Secondary Com SC Collected $ 24,526 SC - Special Contract Commercial SC Collected $ 1,839 SPEC Grand Rapids Special Contract SC Collected $ 2,784 UR-General Unmetered SC Collected $ 10,784 TOTAL COMMERCIAL SC COLLECTED $1,256,363 INDUSTRIAL B-1 General Primary (042) SC Collected $ 18,085 B-General Secondary (020) SC Collected $ 31,097 C- General Secondary (021) SC Collected $ 65,601 CG-Cogeneration/Small Power Production Purchase SC Collected $ 218 D-General Primary (028) SC Collected $ 458,095 F-Primary High Load Factor (033) SC Collected $ 57,576 GH-General Service Heating (023) SC Collected $ 60 GMD General Motors SC Collected $ 62,396 GMF General Motors SC Collected $ 140,687 GMF-1 General Motors SC Collected $ 27,622 GMJ-1 General Motors SC Collected $ 7,586
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CURRENT BILLING MONTH 4/2/2004 - 5/3/2004 COLLECTION CURVE 100% H- Water Heating Service (024) SC Collected $ 1 I-General Primary Interruptible (034) SC Collected $ 3,220 J-1General Alternative Electric Metal Melting SC Collected $ 33,591 J-General Primary Electric Furnace (037) SC Collected $ 7,791 L-4 General Service Outdoor Lighting Industrial SC Collected $ 173 R-3 General Primary Resale (027) SC Collected $ 42 ROA-P Retail Open Access Primary (111) SC Collected $ 476,859 ROA-S Retail Open Access Secondary Ind SC Collected $ 4,062 SC - Special Contract Industrial SC Collected $ 116,124 TOTAL INDUSTRIAL SC COLLECTED $1,510,886 TOTAL SC COLLECTED $4,013,407
Executed as of this 17th day of May 2004. CONSUMERS ENERGY COMPANY AS SERVICER /s/ Glenn P. Barba --------------------------------------- Glenn P. Barba, Vice President, Controller and Chief Accounting Officer CC: Consumers Funding LLC One Energy Plaza Jackson, Mi 49201 Page 3 of 3