EXHIBIT 99.14

SEMIANNUAL SERVICER CERTIFICATE
AS OF AUGUST 31, 2001

Pursuant to Section 4.01(d)(iii) of the Securitization Property
Servicing Agreement, dated as of March 9, 2001 (the "Agreement"), between The
Detroit Edison Company, as servicer and The Detroit Edison Securitization
Funding LLC, the Servicer does hereby certify, for the current Payment Date, as
follows:

Capitalized terms used herein have their respective meanings as set
forth in the Agreement. References herein to certain sections and subsections
are references to the respective sections of the Agreement.

1. ESTIMATED SB CHARGE PAYMENTS AND AGGREGATE AMOUNTS AVAILABLE FOR THE
CURRENT PAYMENT DATE:

i. Amount Remitted - March 2001 $ 0
ii. Amount Remitted - April 2001 0
iii. Amount Remitted - May 2001 9,047,757
iv. Amount Remitted - June 2001 12,077,525
v. Amount Remitted - July 2001 12,584,896
vi. Amount Remitted - August 2001 13,775,155
-------------
vii. Total Amount Remitted for this Period (sum of i. through vi. above) $ 47,485,333
viii. Net Earnings on Collection Account (accrued thru July 31, 2001) 323,207
ix. Expenses Paid to Date 5,529
-------------
x. General Subaccount Balance (sum of vii. and viii. above minus ix.) $ 47,803,011
xi. Reserve Subaccount Balance 0
xii. Overcollateralization Subaccount Balance 0
xiii. Capital Subaccount Balance 8,750,000
-------------
xiv. Collection Account Balance (sum of x. through xiii. above) $ 56,553,011
=============

2. OUTSTANDING PRINCIPAL BALANCE AS OF PRIOR PAYMENT DATE BY TRANCHE:

i. Class A-1 Principal Balance Outstanding Securitization Bond $ 124,540,305
ii. Class A-2 Principal Balance Outstanding Securitization Bond 179,037,815
iii. Class A-3 Principal Balance Outstanding Securitization Bond 322,791,421
iv. Class A-4 Principal Balance Outstanding Securitization Bond 406,722,416
v. Class A-5 Principal Balance Outstanding Securitization Bond 326,236,780
vi. Class A-6 Principal Balance Outstanding Securitization Bond 390,671,263
---------------
vii. Total Securitization Bond Principal Balance $ 1,750,000,000
===============

3. REQUIRED FUNDING/PAYMENTS AS OF CURRENT PAYMENT DATE:

A) PROJECTED PRINCIPAL BALANCES AND PAYMENTS

Projected
Principal Balance Principal Due
----------------- -------------

i. Class A-1 Securitization Bond $ 120,274,676 $ 4,265,629
ii. Class A-2 Securitization Bond 179,037,815 0
iii. Class A-3 Securitization Bond 322,791,421 0
iv. Class A-4 Securitization Bond 406,722,416 0
v. Class A-5 Securitization Bond 326,236,780 0
vi. Class A-6 Securitization Bond 390,671,263 0
--------------- ------------
vii. Total Required Principal Amount $ 1,745,734,371 $ 4,265,629
=============== ============

B) REQUIRED INTEREST PAYMENTS

Securitization Days in
Bond Applicable
Interest Rate Period Interest Due
------------- ------- ------------

i. Class A-1 Securitization Bond 5.180% 172 $ 3,082,234
ii. Class A-2 Securitization Bond 5.510% 172 4,713,270
iii. Class A-3 Securitization Bond 5.875% 172 9,060,576
iv. Class A-4 Securitization Bond 6.190% 172 12,028,589
v. Class A-5 Securitization Bond 6.420% 172 10,006,769
vi. Class A-6 Securitization Bond 6.620% 172 12,356,498
-------------
vii. Total Required Interest Amount $ 51,247,937
=============

C) PROJECTED SUBACCOUNT PAYMENTS AND LEVELS

Subaccount Projected Level Funding Required
---------- --------------- ----------------

i. Capital Subaccount $ 8,750,000 $ 0
ii. Overcollateralization Subaccount 312,500 312,500
------------- -------------
iii. Total Subaccount Payments and Levels $ 9,062,500 $ 312,500
============= =============

4. ALLOCATION OF REMITTANCES AS OF CURRENT PAYMENT DATE PURSUANT TO SECTION
8.02 OF INDENTURE:

A) SEMIANNUAL EXPENSES

Net Expense Amount (Payable on current Payment Date)
i. Trustee Fees and Expenses $ 0
ii. Semiannual Total of Servicing Fee 437,500
iii. Semiannual Administration Fee 125,000
iv. Operating Expenses (subject to $100,000 cap) 0
-----------
v. Total Expenses $ 562,500
===========

B) SEMIANNUAL INTEREST

Aggregate
---------

i. Class A-1 Securitization Bond $ 3,082,234
ii. Class A-2 Securitization Bond 4,713,270
iii Class A-3 Securitization Bond 9,060,576
iv. Class A-4 Securitization Bond 12,028,589
v. Class A-5 Securitization Bond 10,006,769
vi. Class A-6 Securitization Bond 12,356,498
--------------
vii. Total Semiannual Interest $ 51,247,937
==============

C) SEMIANNUAL PRINCIPAL

Aggregate
---------

i. Class A-1 Securitization Bond $ 4,265,629
ii. Class A-2 Securitization Bond 0
iii Class A-3 Securitization Bond 0
iv. Class A-4 Securitization Bond 0
v. Class A-5 Securitization Bond 0
vi. Class A-6 Securitization Bond 0
--------------
vii. Total Semiannual Principal $ 4,265,629
==============

D) OTHER PAYMENTS

i. Operating Expenses (in excess of $100,000) $ 0
ii. Funding of Series Capital Subaccount (to required amount) 0
iii. Funding of Series Overcollateralization Subaccount (to required level) 312,500
--------------
iv. Deposits to Reserve Subaccount $ 0
==============

5. OUTSTANDING PRINCIPAL BALANCE AND COLLECTION ACCOUNT BALANCE AS OF CURRENT
PAYMENT DATE (AFTER GIVING EFFECT TO PAYMENTS TO BE MADE ON SUCH
DISTRIBUTION DATE):

A) PRINCIPAL BALANCE OUTSTANDING:

i. Class A-1 Principal Balance Outstanding Securitization Bond $ 120,274,676
ii. Class A-2 Principal Balance Outstanding Securitization Bond 179,037,815
iii. Class A-3 Principal Balance Outstanding Securitization Bond 322,791,421
iv. Class A-4 Principal Balance Outstanding Securitization Bond 406,722,416
v. Class A-5 Principal Balance Outstanding Securitization Bond 326,236,780
vi. Class A-6 Principal Balance Outstanding Securitization Bond 390,671,263
---------------
vii. Total Securitization Bond Principal Balance $ 1,745,734,371
===============

B) COLLECTION ACCOUNT BALANCES OUTSTANDING:

i. Series Capital Subaccount $ 476,945
ii. Series Overcollateralization Subaccount 0
iii. Reserve Subaccount 0
-------------
iv. Total Subaccount Amount $ 476,945
=============

6. SUBACCOUNT BALANCES AS OF CURRENT PAYMENT DATE (IF APPLICABLE, PURSUANT TO
SECTION 8.02 OF INDENTURE):

i. Series Capital Subaccount $ 476,945
ii. Series Overcollateralization Subaccount 0
iii. Reserve Subaccount 0
---------------
iv. Total Subaccount Balances $ 476,945
===============

7. SHORTFALLS IN INTEREST AND PRINCIPAL PAYMENTS AS OF CURRENT PAYMENT DATE
(IF APPLICABLE):

A) SEMIANNUAL INTEREST SHORTFALL

i. Class A-1 Securitization Bond $ 0
ii. Class A-2 Securitization Bond 0
iii Class A-3 Securitization Bond 0
iv. Class A-4 Securitization Bond 0
v. Class A-5 Securitization Bond 0
vi. Class A-6 Securitization Bond 0
---------------
vii. Total Semiannual Interest Shortfall $ 0
===============

B) SEMIANNUAL PRINCIPAL SHORTFALL

8. SHORTFALLS IN REQUIRED SUBACCOUNT LEVELS AS OF CURRENT DISTRIBUTION DATE:

i. Series Capital Subaccount $ 8,273,055
ii. Series Overcollateralization Subaccount 312,500
---------------
iii. Total Subaccount Shortfalls $ 8,585,555
===============

IN WITNESS WHEREOF, the undersigned has duly executed and delivered
this Semiannual Servicer Certificate this __ day of __________.

THE DETROIT EDISON COMPANY, as
Servicer

By: ____________________________
Name:
Title: