EX-10.(A) 3 k78825exv10wxay.txt MONTHLY SERVICER'S CERTIFICATE DATED MAY 20, 2003 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 2003
CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $141,706,662 Residential SECURITIZATION CHARGE (SC) Billed $1,371,144 0.968% Commercial Total Billed $81,247,895 Commercial SECURITIZATION CHARGE (SC) Billed $1,276,841 1.572% Industrial Total Billed $47,931,754 Industrial SECURITIZATION CHARGE (SC) Billed $1,315,051 2.744% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE ------------------------------------------- Non-Residential Customer Net Write-offs 0.190% Residential Customer Net Write-offs 0.420% Total Net Write-offs 0.290% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $1,282,056 Commercial Class SC Collected $1,274,845 Industrial Class SC Collected $1,486,701 Total SC Collected $4,043,602 Aggregate SC Remittances for April 2003 BILLING MONTH $4,043,602 Aggregate SC Remittances for May 2003 BILLING MONTH $0 Aggregate SC Remittances for June 2003 BILLING MONTH $0 TOTAL CURRENT SC REMITTANCES $4,043,602
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CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT ------------------------------ RESIDENTIAL ----------- A-1 Residential SC Collected $1,215,800 A-3 Residential T.O.D. SC Collected $6,108 A-4 Alternate Residence SC Collected $31,573 A-5 Residential Farm/Life Support SC Collected $28,575 TOTAL RESIDENTIAL SC COLLECTED $1,282,056 COMMERCIAL ---------- B-1 General Primary (041) SC Collected $21,246 B- General Secondary (010) SC Collected $228,462 C- General Secondary (011) SC Collected $468,181 D- General Primary (018) SC Collected $296,872 F- Primary High Load Factor (032) SC Collected $46,063 GH- General Service Heating (013) SC Collected $7,036 H- Water Heating Service (014) SC Collected $562 L-1 General Energy-Only Street Lighting SC Collected $2,319 L-2 General Service (Cust Owned) St Light SC Collected $2,568 L-3 General Service (Co Owned) St Light SC Collected $13,215 L-4 General Service Outdoor Lighting Commercial SC Collected $1,729 PS-1 General Secondary Public Pumping SC Collected $6,703 PS-2 General Primary Public Pumping SC Collected $8,954 PS-3 General Optional Primary Public Pumping SC Collected $40,741 R-1 General Secondary Resale SC Collected $36 R-2 General Secondary Resale SC Collected $972 R-3 General Primary Resale SC Collected $29,756 ROA-P Retail Open Access Primary (110) SC Collected $73,185 ROA-S Retail Open Access Secondary Com SC Collected $11,397 SC - Special Contract Commercial SC Collected $1,904 SPEC Grand Rapids Special Contract SC Collected $2,838 UR- General Unmetered SC Collected $10,106 TOTAL COMMERCIAL SC COLLECTED $1,274,845 INDUSTRIAL ---------- B-1 General Primary (042) SC Collected $15,959 B- General Secondary (020) SC Collected $33,351 C- General Secondary (021) SC Collected $76,452 CG- Cogeneration/Small Power Production Purchase SC Collected $1,684 D- General Primary (028) SC Collected $570,851 F- Primary High Load Factor (033) SC Collected $77,561 GH- General Service Heating (023) SC Collected $57 GMD General Motors SC Collected $64,878 GMF General Motors SC Collected $126,971 GMF-1 General Motors SC Collected $14,619 GMJ-1 General Motors SC Collected $9,269
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CURRENT BILLING MONTH 4/3/2003 - 5/2/2003 COLLECTION CURVE 100% H- Water Heating Service (024) SC Collected $2 I- General Primary Interruptible (034) SC Collected $5,088 J-1 General Alternative Electric Metal Melting SC Collected $38,015 J- General Primary Electric Furnace (037) SC Collected $8,696 L-4 General Service Outdoor Lighting Industrial SC Collected $111 ROA-P Retail Open Access Primary (111) SC Collected $202,787 ROA-S Retail Open Access Secondary Ind SC Collected $1,472 SC - Special Contract Industrial SC Collected $238,878 TOTAL INDUSTRIAL SC COLLECTED $1,486,701 TOTAL SC COLLECTED $4,043,602
Executed as of this 20th day of May 2003. CONSUMERS ENERGY COMPANY AS SERVICER -------------------------------- Glenn Barba, Vice President, Controller and Chief Accounting Officer CC: Consumers Funding LLC One Energy Plaza Jackson, Mi 49201 Page 3 of 3