EX-10.(C) 4 k84971exv10wxcy.txt MONTHLY SERVICER'S CERTIFICATE DATED 04/19/2004 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: March 2004
CURRENT BILLING MONTH 3/4/2004 - 4/1/2004 COLLECTION CURVE 100% STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $179,054,778 Residential SECURITIZATION CHARGE (SC) Billed $ 1,474,893 0.824% Commercial Total Billed $ 97,390,163 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,399,196 1.437% Industrial Total Billed $ 46,820,580 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,300,467 2.778% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.100% Residential Customer Net Write-offs 0.470% Total Net Write-offs 0.260% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $ 1,356,402 Commercial Class SC Collected $ 1,242,574 Industrial Class SC Collected $ 1,267,904 Total SC Collected $ 3,866,880 Aggregate SC Remittances for January 2004 BILLING MONTH $ 3,886,644 Aggregate SC Remittances for February 2004 BILLING MONTH $ 4,565,254 Aggregate SC Remittances for March 2004 BILLING MONTH $ 3,866,880 TOTAL CURRENT SC REMITTANCES $ 12,318,778
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CURRENT BILLING MONTH 3/4/2004 - 4/1/2004 COLLECTION CURVE 100% CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $ 1,287,167 A-3 Residential T.O.D. SC Collected $ 5,933 A-4 Alternate Residence SC Collected $ 32,996 A-5 Residential Farm/Life Support SC Collected $ 30,306 TOTAL RESIDENTIAL SC COLLECTED $ 1,356,402 COMMERCIAL B-1 General Primary (041) SC Collected $ 21,746 B-General Secondary (010) SC Collected $ 239,039 C- General Secondary (011) SC Collected $ 417,435 D-General Primary (018) SC Collected $ 262,903 F-Primary High Load Factor (032) SC Collected $ 47,170 GH-General Service Heating (013) SC Collected $ 7,889 H- Water Heating Service (014) SC Collected $ 585 L-1 General Energy-Only Street Lighting SC Collected $ 2,486 L-2 General Service (Cust Owned) St Light SC Collected $ 2,596 L-3 General Service (Co Owned) St Light SC Collected $ 13,046 L-4 General Service Outdoor Lighting Commercial SC Collected $ 1,637 PS-1 General Secondary Public Pumping SC Collected $ 7,004 PS-2 General Primary Public Pumping SC Collected $ 6,423 PS-3 General Optional Primary Public Pumping SC Collected $ 40,967 R-1 General Secondary Resale SC Collected $ 2 R-2 General Secondary Resale SC Collected $ 1,022 R-3 General Primary Resale SC Collected $ 25,554 ROA-P Retail Open Access Primary (110) SC Collected $ 102,036 ROA-S Retail Open Access Secondary Com SC Collected $ 27,371 SC - Special Contract Commercial SC Collected $ 1,773 SPEC Grand Rapids Special Contract SC Collected $ 2,969 UR-General Unmetered SC Collected $ 10,921 TOTAL COMMERCIAL SC COLLECTED $ 1,242,574 INDUSTRIAL B-1 General Primary (042) SC Collected $ 15,802 B-General Secondary (020) SC Collected $ 31,112 C- General Secondary (021) SC Collected $ 67,508 CG-Cogeneration/Small Power Production Purchase SC Collected $ 58 D-General Primary (028) SC Collected $ 467,520 F-Primary High Load Factor (033) SC Collected $ 73,387 GH-General Service Heating (023) SC Collected $ 73 GMD General Motors SC Collected $ 56,509 GMF General Motors SC Collected $ 94,795 GMJ-1 General Motors SC Collected $ 7,503 H- Water Heating Service (024) SC Collected $ 1
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CURRENT BILLING MONTH 3/4/2004 - 4/1/2004 COLLECTION CURVE 100% I-General Primary Interruptible (034) SC Collected $ 3,310 J-1General Alternative Electric Metal Melting SC Collected $ 34,319 J-General Primary Electric Furnace (037) SC Collected $ 5,669 L-4 General Service Outdoor Lighting Industrial SC Collected $ 100 R-3 General Primary Resale (027) SC Collected $ 78 ROA-P Retail Open Access Primary (111) SC Collected $ 290,807 ROA-S Retail Open Access Secondary Ind SC Collected $ 3,927 SC - Special Contract Industrial SC Collected $ 115,426 TOTAL INDUSTRIAL SC COLLECTED $ 1,267,904 TOTAL SC COLLECTED $ 3,866,880
Executed as of this 19th day of April 2004. CONSUMERS ENERGY COMPANY AS SERVICER /s/ Laura L. Mountcastle ------------------------------------------------ Laura L. Mountcastle, Chief Executive Officer, President, Chief Financial Officer & Treasurer CC: Consumers Funding LLC One Energy Plaza Jackson, Mi 49201 Page 3 of 3