EX-10.(C) 4 k91841exv10wxcy.txt MONTHLY SERVICER'S CERTIFICATE DATED JANUARY 13, 2005 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: December 2004
CURRENT BILLING MONTH 12/3/2004 - 1/4/2005 COLLECTION CURVE 100% ------------------------------------------ --------------------------------- STANDARD BILLING FOR PRIOR BILLING MONTH Residential Total Billed $115,681,248 Residential SECURITIZATION CHARGE (SC) Billed $ 1,244,966 1.076% Commercial Total Billed $ 78,483,325 Commercial SECURITIZATION CHARGE (SC) Billed $ 1,320,365 1.682% Industrial Total Billed $ 47,641,591 Industrial SECURITIZATION CHARGE (SC) Billed $ 1,424,652 2.990% YTD NET WRITE-OFFS AS A % OF BILLED REVENUE Non-Residential Customer Net Write-offs 0.170% Residential Customer Net Write-offs 0.490% Total Net Write-offs 0.300% AGGREGATE SC COLLECTIONS TOTAL SC REMITTED FOR BILLING MONTH Residential Class SC Collected $ 1,262,172 Commercial Class SC Collected $ 1,284,211 Industrial Class SC Collected $ 1,403,940 Total SC Collected $ 3,950,323 Aggregate SC Remittances for October 2004 BILLING MONTH $ 4,287,658 Aggregate SC Remittances for November 2004 BILLING MONTH $ 4,472,039 Aggregate SC Remittances for December 2004 BILLING MONTH $ 3,950,323 TOTAL CURRENT SC REMITTANCES $ 12,710,020
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CURRENT BILLING MONTH 12/3/2004 - 1/4/2005 COLLECTION CURVE 100% ------------------------------------------ --------------------- CALCULATED SC COLLECTED AMOUNT RESIDENTIAL A-1 Residential SC Collected $1,200,762 A-3 Residential T.O.D. SC Collected $ 4,357 A-4 Alternate Residence SC Collected $ 28,686 A-5 Residential Farm/Life Support SC Collected $ 28,367 TOTAL RESIDENTIAL SC COLLECTED $1,262,172 COMMERCIAL B-1 General Primary (041) SC Collected $ 20,909 B-General Secondary (010) SC Collected $ 228,697 C- General Secondary (011) SC Collected $ 429,777 D-General Primary (018) SC Collected $ 251,303 F-Primary High Load Factor (032) SC Collected $ 43,748 GH-General Service Heating (013) SC Collected $ 3,600 H- Water Heating Service (014) SC Collected $ 514 L-1 General Energy-Only Street Lighting SC Collected $ 2,816 L-2 General Service (Cust Owned) St Light SC Collected $ 2,956 L-3 General Service (Co Owned) St Light SC Collected $ 14,612 L-4 General Service Outdoor Lighting Commercial SC Collected $ 937 PS-1 General Secondary Public Pumping SC Collected $ 7,020 PS-2 General Primary Public Pumping SC Collected $ 7,770 PS-3 General Optional Primary Public Pumping SC Collected $ 36,307 R-1 General Secondary Resale SC Collected $ 10 R-2 General Secondary Resale SC Collected $ 847 R-3 General Primary Resale SC Collected $ 22,572 ROA-P Retail Open Access Primary (110) SC Collected $ 148,468 ROA-S Retail Open Access Secondary Com SC Collected $ 44,285 SC - Special Contract Commercial SC Collected $ 3,729 SPEC Grand Rapids Special Contract SC Collected $ 5,943 UR-General Unmetered SC Collected $ 7,391 TOTAL COMMERCIAL SC COLLECTED $1,284,211 INDUSTRIAL B-1 General Primary (042) SC Collected $ 18,478 B-General Secondary (020) SC Collected $ 34,603 C- General Secondary (021) SC Collected $ 60,444 CG-Cogeneration/Small Power Production Purchase SC Collected $ 162 D-General Primary (028) SC Collected $ 437,082 F-Primary High Load Factor (033) SC Collected $ 72,086 GH-General Service Heating (023) SC Collected $ 49 GMD General Motors SC Collected $ 52,629 GMF General Motors SC Collected $ 118,251 GMF-1 General Motors SC Collected $ 4,823 GMJ-1 General Motors SC Collected $ 6,834
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CURRENT BILLING MONTH 12/3/2004 - 1/4/2005 COLLECTION CURVE 100% ------------------------------------------ --------------------- H- Water Heating Service (024) SC Collected $ 0 I-General Primary Interruptible (034) SC Collected $ 2,853 J-1 General Alternative Electric Metal Melting SC Collected $ 31,434 J-General Primary Electric Furnace (037) SC Collected $ 8,305 L-4 General Service Outdoor Lighting Industrial SC Collected $ 63 R-3 General Primary Resale (027) SC Collected $ 789 ROA-P Retail Open Access Primary (111) SC Collected $ 389,055 ROA-S Retail Open Access Secondary Ind SC Collected $ 7,692 SC - Special Contract Industrial SC Collected $ 158,308 TOTAL INDUSTRIAL SC COLLECTED $1,403,940 TOTAL SC COLLECTED $3,950,323
Executed as of this 13th day of January 2005. CONSUMERS ENERGY COMPANY AS SERVICER /s/ Glenn P. Barba ---------------------------------------- Glenn P. Barba, Vice President and Controller CC: Consumers Funding LLC One Energy Plaza Jackson, Mi 49201 Page 3 of 3