EXHIBIT 10 (b)
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: January 2002
CURRENT BILLING MONTH 1/7/02 - 2/1/02 COLLECTION CURVE 85.17%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $116,962,960
Residential SECURITIZATION CHARGE (SC) Billed $1,460,310 1.249%
Commercial Total Billed $78,294,982
Commercial SECURITIZATION CHARGE (SC) Billed $1,368,283 1.748%
Industrial Total Billed $55,270,937
Industrial SECURITIZATION CHARGE (SC) Billed $1,420,619 2.570%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
Non-Residential Customer Net Write-offs 0.230%
Residential Customer Net Write-offs 0.670%
Total Net Write-offs 0.420%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $1,234,895
Commercial Class SC Collected $1,058,742
Industrial Class SC Collected $1,229,453
Total SC Collected $3,523,090
Aggregate SC Remittances for December BILLING MONTH $1,632,249
Aggregate SC Remittances for January BILLING MONTH $3,523,090
Aggregate SC Remittances for February BILLING MONTH $0
TOTAL CURRENT SC REMITTANCES $5,155,339
Page 1 of 3
CURRENT BILLING MONTH 1/7/02 - 2/1/02 COLLECTION CURVE 85.17%
CALCULATED SC COLLECTED AMOUNT
RESIDENTIAL
A-1 Residential SC Collected $1,178,671
A-3 Residential X.X.X. SC Collected $4,399
A-4 Alternate Residence SC Collected $25,043
A-5 Residential Farm/Life Support SC Collected $26,782
TOTAL RESIDENTIAL SC COLLECTED $1,234,895
COMMERCIAL
B-1 General Primary (041) SC Collected $15,103
B-General Secondary (010) SC Collected $211,447
C- General Secondary (011) SC Collected $394,444
D-General Primary (018) SC Collected $233,352
F-Primary High Load Factor (032) SC Collected $60,205
GH-General Service Heating (013) SC Collected $5,178
H- Water Heating Service (014) SC Collected $565
L-1 General Energy-Only Street Lighting SC Collected $2,901
L-2 General Service (Cust Owned) St Light SC Collected $2,905
L-3 General Service (Co Owned) St Light SC Collected $15,907
L-4 General Service Outdoor Lighting Commercial SC Collected $2,140
PS-1 General Secondary Public Pumping SC Collected $5,425
PS-2 General Primary Public Pumping SC Collected $4,339
PS-3 General Optional Primary Public Pumping SC Collected $30,320
R-1 General Secondary Resale SC Collected $38
R-2 General Secondary Resale SC Collected $829
R-3 General Primary Resale SC Collected $28,422
ROA-P Retail Open Access Primary (110) SC Collected $28,483
ROA-S Retail Open Access Secondary Com SC Collected $5,121
SPEC Grand Rapids Special Contract SC Collected $3,068
UR-General Unmetered SC Collected $8,550
TOTAL COMMERCIAL SC COLLECTED $1,058,742
INDUSTRIAL
B-1 General Primary (042) SC Collected $13,582
B-General Secondary (020) SC Collected $28,936
C- General Secondary (021) SC Collected $56,510
CG-Cogeneration/Small Power Production Purchase SC Collected $1,808
DA - General Service Direct Access (896) SC Collected $5,653
D-General Primary (028) SC Collected $543,032
F-Primary High Load Factor (033) SC Collected $103,818
GH-General Service Heating (023) SC Collected $72
GMD General Motors SC Collected $63,987
GMF General Motors SC Collected $189,187
GMF-1 General Motors SC Collected $19,514
GMJ-1 General Motors SC Collected $7,196
Page 2 of 3
CURRENT BILLING MONTH 1/7/02 - 2/1/02 COLLECTION CURVE 85.17%
H- Water Heating Service (024) SC Collected $2
I-General Primary Interruptible (034) SC Collected $0
J-1General Alternative Electric Metal Melting SC Collected $33,077
J-General Primary Electric Furnace (037) SC Collected $6,458
L-4 General Service Outdoor Lighting Industrial SC Collected $(1,478)
ROA-P Retail Open Access Primary (111) SC Collected $59,793
ROA-S Retail Open Access Secondary Ind SC Collected $62
SC - Special Contract Industrial SC Collected $98,244
TOTAL INDUSTRIAL SC COLLECTED $1,229,453
TOTAL SC COLLECTED $3,523,090
Executed as of this 13th day of February 2002.
CONSUMERS ENERGY COMPANY
AS SERVICER
/s/ Xxxxx X. Xxxxx
----------------------------
Xxxxx Xxxxx, Controller
CC: Consumers Funding LLC
Suite M-1079
000 X. Xxxxxxxx Xxx
Xxxxxxx, Xx 00000