EX-10.(B) 4 k80596exv10wxby.txt MONTHLY SERVICER'S CERTIFICATE SEPTEMBER 19, 2003 Exhibit 10(b) 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: August 2003
CURRENT BILLING MONTH 8/4/2003 - 9/2/2003 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $111,106,385 Residential SECURITIZATION CHARGE (SC) Billed $ 1,487,887 1.339% Commercial Total Billed $ 84,577,190 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,489,049 1.761% Industrial Total Billed $ 47,832,756 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,366,600 2.857% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.160% 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 $ 1,533,953 Commercial Class SC Collected $ 1,442,311 Industrial Class SC Collected $ 1,340,044 Total SC Collected $ 4,316,308 Aggregate SC Remittances for July 2003 BILLING MONTH $ 4,071,172 Aggregate SC Remittances for August 2003 BILLING MONTH $ 4,316,308 Aggregate SC Remittances for September 2003 BILLING MONTH $ 0 TOTAL CURRENT SC REMITTANCES $ 8,387,480
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CURRENT BILLING MONTH 8/4/2003 - 9/2/2003 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,458,755 A-3 Residential T.O.D. SC Collected $ 4,089 A-4 Alternate Residence SC Collected $ 41,917 A-5 Residential Farm/Life Support SC Collected $ 29,192 TOTAL RESIDENTIAL SC COLLECTED $1,533,953 COMMERCIAL B-1 General Primary (041) SC Collected $ 22,569 B-General Secondary (010) SC Collected $ 286,516 C- General Secondary (011) SC Collected $ 534,135 D-General Primary (018) SC Collected $ 317,866 F-Primary High Load Factor (032) SC Collected $ 47,017 GH-General Service Heating (013) SC Collected $ 4,064 H- Water Heating Service (014) SC Collected $ 717 L-1 General Energy-Only Street Lighting SC Collected $ 1,619 L-2 General Service (Cust Owned) St Light SC Collected $ 1,744 L-3 General Service (Co Owned) St Light SC Collected $ 8,962 L-4 General Service Outdoor Lighting Commercial SC Collected $ 1,219 PS-1 General Secondary Public Pumping SC Collected $ 7,381 PS-2 General Primary Public Pumping SC Collected $ 11,181 PS-3 General Optional Primary Public Pumping SC Collected $ 44,087 R-1 General Secondary Resale SC Collected $ 120 R-2 General Secondary Resale SC Collected $ 805 R-3 General Primary Resale SC Collected $ 32,611 ROA-P Retail Open Access Primary (110) SC Collected $ 95,707 ROA-S Retail Open Access Secondary Com SC Collected $ 9,822 SC - Special Contract Commercial SC Collected $ 2,294 SPEC Grand Rapids Special Contract SC Collected $ 2,701 UR-General Unmetered SC Collected $ 9,174 TOTAL COMMERCIAL SC COLLECTED $1,442,311 INDUSTRIAL B-1 General Primary (042) SC Collected $ 19,248 B-General Secondary (020) SC Collected $ 35,003 C- General Secondary (021) SC Collected $ 75,154 CG-Cogeneration/Small Power Production Purchase SC Collected $ 4,572 D-General Primary (028) SC Collected $ 525,446 F-Primary High Load Factor (033) SC Collected $ 80,469 GH-General Service Heating (023) SC Collected $ 24 GMD General Motors SC Collected $ 55,701 GMF General Motors SC Collected $ 109,057 GMF-1 General Motors SC Collected $ 10,091 GMJ-1 General Motors SC Collected $ 6,380
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CURRENT BILLING MONTH 8/4/2003 - 9/2/2003 COLLECTION CURVE 100% H- Water Heating Service (024) SC Collected $ 0 I-General Primary Interruptible (034) SC Collected $ 0 J-1General Alternative Electric Metal Melting SC Collected $ 30,644 J-General Primary Electric Furnace (037) SC Collected $ 5,290 L-4 General Service Outdoor Lighting Industrial SC Collected $ 72 ROA-P Retail Open Access Primary (111) SC Collected $ 249,541 ROA-S Retail Open Access Secondary Ind SC Collected $ 1,415 SC - Special Contract Industrial SC Collected $ 131,937 TOTAL INDUSTRIAL SC COLLECTED $1,340,044 TOTAL SC COLLECTED $4,316,308
Executed as of this 19th day of September 2003. 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