Monthly Servicer's Certificate for Securitization Bonds, Series 2001-1 (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 the $468,592,000 Securitization Bonds, Series 2001-1, for the billing month of December 2003. It details amounts billed and collected from residential, commercial, and industrial customers, as well as net write-offs and remittances. The certificate is provided pursuant to the Servicing Agreement between the parties and is signed by an authorized officer of Consumers Energy Company.

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EX-10.(C) 5 k83652exv10wxcy.txt MONTHLY SERVICER'S CERTIFICATE DATED JAN. 16, 2003 EXHIBIT 10(c) 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: December 2003
CURRENT BILLING MONTH 12/4/2003 - 1/6/2004 COLLECTION CURVE 100% ------------------------------------------ --------------------- STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $111,036,540 Residential SECURITIZATION CHARGE (SC) Billed $ 1,229,780 1.108% Commercial Total Billed $ 75,761,041 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,284,026 1.695% Industrial Total Billed $ 48,027,121 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,397,217 2.909% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.150% Residential Customer Net Write-offs 0.470% Total Net Write-offs 0.280% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $ 1,384,733 Commercial Class SC Collected $ 1,407,100 Industrial Class SC Collected $ 1,498,879 Total SC Collected $ 4,290,712 Aggregate SC Remittances for October 2003 BILLING MONTH $ 4,538,648 Aggregate SC Remittances for November 2003 BILLING MONTH $ 4,170,182 Aggregate SC Remittances for December 2003 BILLING MONTH $ 4,290,712 TOTAL CURRENT SC REMITTANCES $ 12,999,542
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CURRENT BILLING MONTH 12/4/2003 - 1/6/2004 COLLECTION CURVE 100% ------------------------------------------ --------------------- CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,316,043 A-3 Residential T.O.D. SC Collected $ 5,273 A-4 Alternate Residence SC Collected $ 31,624 A-5 Residential Farm/Life Support SC Collected $ 31,793 TOTAL RESIDENTIAL SC COLLECTED $1,384,733 COMMERCIAL B-1 General Primary (041) SC Collected $ 23,111 B-General Secondary (010) SC Collected $ 255,203 C-General Secondary (011) SC Collected $ 501,234 D-General Primary (018) SC Collected $ 314,880 F-Primary High Load Factor (032) SC Collected $ 47,265 GH-General Service Heating (013) SC Collected $ 4,644 H-Water Heating Service (014) SC Collected $ 623 L-1 General Energy-Only Street Lighting SC Collected $ 2,939 L-2 General Service (Cust Owned) St Light SC Collected $ 2,978 L-3 General Service (Co Owned) St Light SC Collected $ 15,212 L-4 General Service Outdoor Lighting Commercial SC Collected $ 2,045 PS-1 General Secondary Public Pumping SC Collected $ 6,989 PS-2 General Primary Public Pumping SC Collected $ 7,388 PS-3 General Optional Primary Public Pumping SC Collected $ 44,253 R-1 General Secondary Resale SC Collected $ 9 R-2 General Secondary Resale SC Collected $ 923 R-3 General Primary Resale SC Collected $ 26,223 ROA-P Retail Open Access Primary (110) SC Collected $ 115,496 ROA-S Retail Open Access Secondary Com SC Collected $ 17,830 SC - Special Contract Commercial SC Collected $ 3,737 SPEC Grand Rapids Special Contract SC Collected $ 3,076 UR-General Unmetered SC Collected $ 11,042 TOTAL COMMERCIAL SC COLLECTED $1,407,100 INDUSTRIAL B-1 General Primary (042) SC Collected $ 21,059 B-General Secondary (020) SC Collected $ 37,600 C-General Secondary (021) SC Collected $ 74,824 CG-Cogeneration/Small Power Production Purchase SC Collected $ 3,696 D-General Primary (028) SC Collected $ 563,057 F-Primary High Load Factor (033) SC Collected $ 82,372 GH-General Service Heating (023) SC Collected $ 42 GMD General Motors SC Collected $ 60,901 GMF General Motors SC Collected $ 116,900 GMF-1 General Motors SC Collected $ 13,823 GMJ-1 General Motors SC Collected $ 7,913
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CURRENT BILLING MONTH 12/4/2003 - 1/6/2004 COLLECTION CURVE 100% ------------------------------------------ --------------------- H-Water Heating Service (024) SC Collected $ 1 I-General Primary Interruptible (034) SC Collected $ 0 J-1 General Alternative Electric Metal Melting SC Collected $ 77,677 J-General Primary Electric Furnace (037) SC Collected $ 5,956 L-4 General Service Outdoor Lighting Industrial SC Collected $ 121 R-3 General Primary Resale (027) SC Collected $ 19 ROA-P Retail Open Access Primary (111) SC Collected $ 271,316 ROA-S Retail Open Access Secondary Ind SC Collected $ 3,147 SC - Special Contract Industrial SC Collected $ 158,455 TOTAL INDUSTRIAL SC COLLECTED $1,498,879 TOTAL SC COLLECTED $4,290,712
Executed as of this 16th day of January 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