Monthly Servicer's Certificate for Securitization Bonds, Series 2001-1 (Consumers Energy Company and Consumers Funding LLC)

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 billing and collection of securitization charges for January 2005 under a prior Servicing Agreement. It details amounts billed and collected from residential, commercial, and industrial customers, as well as net write-offs and remittances for the month. The document certifies the accuracy of these figures as required by the Servicing Agreement, supporting the administration of $468,592,000 in securitization bonds.

Read More Arrow
EX-10.(A) 2 k94781exv10wxay.txt MONTHLY SERVICER'S CERTIFICATE DATED FEBRUARY 15, 2005 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: January 2005
CURRENT BILLING MONTH 1/5/2005 - 2/2/2005 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $161,286,389 Residential SECURITIZATION CHARGE (SC) Billed $ 1,517,808 0.941% Commercial Total Billed $ 87,786,726 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,434,527 1.634% Industrial Total Billed $ 47,249,997 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,387,795 2.937% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.110% Residential Customer Net Write-offs 0.520% Total Net Write-offs 0.300% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $ 1,543,634 Commercial Class SC Collected $ 1,439,056 Industrial Class SC Collected $ 1,202,412 Total SC Collected $ 4,185,102 Aggregate SC Remittances for January 2005 BILLING MONTH $ 4,185,102 Aggregate SC Remittances for February 2005 BILLING MONTH $ 0 Aggregate SC Remittances for March 2005 BILLING MONTH $ 0 TOTAL CURRENT SC REMITTANCES $ 4,185,102
Page 1 of 3
CURRENT BILLING MONTH 1/5/2005 - 2/2/2005 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $ 1,468,509 A-3 Residential T.O.D. SC Collected $ 6,719 A-4 Alternate Residence SC Collected $ 34,830 A-5 Residential Farm/Life Support SC Collected $ 33,576 TOTAL RESIDENTIAL SC COLLECTED $ 1,543,634 COMMERCIAL B-1 General Primary (041) SC Collected $ 21,638 B-General Secondary (010) SC Collected $ 277,062 C- General Secondary (011) SC Collected $ 503,182 D-General Primary (018) SC Collected $ 308,390 F-Primary High Load Factor (032) SC Collected $ 52,201 GH-General Service Heating (013) SC Collected $ 6,346 H- Water Heating Service (014) SC Collected $ 736 L-1 General Energy-Only Street Lighting SC Collected $ 3,384 L-2 General Service (Cust Owned) St Light SC Collected $ 3,244 L-3 General Service (Co Owned) St Light SC Collected $ 17,267 L-4 General Service Outdoor Lighting Commercial SC Collected $ 2 PS-1 General Secondary Public Pumping SC Collected $ 7,702 PS-2 General Primary Public Pumping SC Collected $ 9,583 PS-3 General Optional Primary Public Pumping SC Collected $ 48,266 R-1 General Secondary Resale SC Collected $ 3 R-2 General Secondary Resale SC Collected $ 892 R-3 General Primary Resale SC Collected $ 33,969 ROA-P Retail Open Access Primary (110) SC Collected $ 97,631 ROA-S Retail Open Access Secondary Com SC Collected $ 37,576 SC - Special Contract Commercial SC Collected $ 1,919 SPEC Grand Rapids Special Contract SC Collected $ 3,296 UR-General Unmetered SC Collected $ 4,767 TOTAL COMMERCIAL SC COLLECTED $ 1,439,056 INDUSTRIAL B-1 General Primary (042) SC Collected $ 17,948 B-General Secondary (020) SC Collected $ 34,865 C- General Secondary (021) SC Collected $ 79,600 CG-Cogeneration/Small Power Production Purchase SC Collected $ 1,574 D-General Primary (028) SC Collected $ 456,562 F-Primary High Load Factor (033) SC Collected $ 70,963 GH-General Service Heating (023) SC Collected $ 75 GMD General Motors SC Collected $ 49,673 GMF General Motors SC Collected $ 114,737 GMF-1 General Motors SC Collected $ 4,727 GMJ-1 General Motors SC Collected $ 6,569
Page 2 of 3
CURRENT BILLING MONTH 1/5/2005 - 2/2/2005 COLLECTION CURVE 100% H- Water Heating Service (024) SC Collected $ 1 I-General Primary Interruptible (034) SC Collected $ 3,830 J-1General Alternative Electric Metal Melting SC Collected $ 27,661 J-General Primary Electric Furnace (037) SC Collected $ 5,002 L-4 General Service Outdoor Lighting Industrial SC Collected $ 1 R-3 General Primary Resale (027) SC Collected $ 780 ROA-P Retail Open Access Primary (111) SC Collected $ 236,510 ROA-S Retail Open Access Secondary Ind SC Collected $ 6,054 SC - Special Contract Industrial SC Collected $ 85,280 TOTAL INDUSTRIAL SC COLLECTED $ 1,202,412 TOTAL SC COLLECTED $ 4,185,102
Executed as of this 15th day of February 2005. 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