Monthly Servicer's Certificate for Securitization Bonds, Series 2000-1 (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 July 2002 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 the remittance of collected charges for the specified billing month, fulfilling the Servicer's reporting obligations under the agreement.

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EX-10.(A) 3 k72366exv10wxay.txt MONTHLY SERVICER'S CERTIFICATE DATED 8/20/2002 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: July 2002
CURRENT BILLING MONTH 7/3/2002 - 8/1/2002 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $97,115,425 Residential SECURITIZATION CHARGE (SC) Billed $1,339,476 1.379% Commercial Total Billed $76,580,858 Commercial SECURITIZATION CHARGE (SC) Billed $1,395,240 1.822% Industrial Total Billed $54,465,444 Industrial SECURITIZATION CHARGE (SC) Billed $1,538,577 2.825% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.280% Residential Customer Net Write-offs 0.330% Total Net Write-offs 0.300% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $1,515,393 Commercial Class SC Collected $1,488,003 Industrial Class SC Collected $1,706,929 Total SC Collected $4,710,325 Aggregate SC Remittances for July 2002 BILLING MONTH $4,710,325 Aggregate SC Remittances for August 2002 BILLING MONTH $0 Aggregate SC Remittances for September 2002 BILLING MONTH $0 TOTAL CURRENT SC REMITTANCES $4,710,325
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CURRENT BILLING MONTH 7/3/2002 - 8/1/2002 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,442,085 A-3 Residential T.O.D. SC Collected $4,704 A-4 Alternate Residence SC Collected $37,661 A-5 Residential Farm/Life Support SC Collected $30,943 TOTAL RESIDENTIAL SC COLLECTED $1,515,393 COMMERCIAL B-1 General Primary (041) SC Collected $28,317 B-General Secondary (010) SC Collected $285,664 C- General Secondary (011) SC Collected $543,197 D-General Primary (018) SC Collected $355,244 F-Primary High Load Factor (032) SC Collected $74,032 GH-General Service Heating (013) SC Collected $4,660 H- Water Heating Service (014) SC Collected $625 L-1 General Energy-Only Street Lighting SC Collected $1,566 L-2 General Service (Cust Owned) St Light SC Collected $1,648 L-3 General Service (Co Owned) St Light SC Collected $8,400 L-4 General Service Outdoor Lighting Commercial SC Collected $1,194 PS-1 General Secondary Public Pumping SC Collected $7,859 PS-2 General Primary Public Pumping SC Collected $7,696 PS-3 General Optional Primary Public Pumping SC Collected $44,262 R-1 General Secondary Resale SC Collected $122 R-2 General Secondary Resale SC Collected $1,089 R-3 General Primary Resale SC Collected $38,230 ROA-P Retail Open Access Primary (110) SC Collected $58,559 ROA-S Retail Open Access Secondary Com SC Collected $7,230 SC - Special Contract Commercial SC Collected $2,364 SPEC Grand Rapids Special Contract SC Collected $6,292 UR-General Unmetered SC Collected $9,753 TOTAL COMMERCIAL SC COLLECTED $1,488,003 INDUSTRIAL B-1 General Primary (042) SC Collected $34,107 B-General Secondary (020) SC Collected $40,765 C- General Secondary (021) SC Collected $81,471 CG-Cogeneration/Small Power Production Purchase SC Collected $10,513 D-General Primary (028) SC Collected $707,167 F-Primary High Load Factor (033) SC Collected $130,409 GH-General Service Heating (023) SC Collected $39 GMD General Motors SC Collected $59,540 GMF General Motors SC Collected $144,230 GMF-1 General Motors SC Collected $17,325 H- Water Heating Service (024) SC Collected $0
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CURRENT BILLING MONTH 7/3/2002 - 8/1/2002 COLLECTION CURVE 100% I-General Primary Interruptible (034) SC Collected $1,355 J-1General Alternative Electric Metal Melting SC Collected $60,349 J-General Primary Electric Furnace (037) SC Collected $7,447 L-4 General Service Outdoor Lighting Industrial SC Collected $72 ROA-P Retail Open Access Primary (111) SC Collected $259,969 ROA-S Retail Open Access Secondary Ind SC Collected $1,163 SC - Special Contract Industrial SC Collected $151,008 TOTAL INDUSTRIAL SC COLLECTED $1,706,929 TOTAL SC COLLECTED $4,710,325
Executed as of this 20th day of August 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