EXHIBIT 10(c)
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: February 2002
CURRENT BILLING MONTH 2/4/02 - 3/4/02 COLLECTION CURVE 95.75%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $153,581,012
Residential SECURITIZATION CHARGE (SC) Billed $ 1,722,428 1.122%
Commercial Total Billed $ 84,449,840
Commercial SECURITIZATION CHARGE (SC) Billed $ 1,461,646 1.731%
Industrial Total Billed $ 53,479,539
Industrial SECURITIZATION CHARGE (SC) Billed $ 1,393,620 2.606%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
-------------------------------------------
Non-Residential Customer Net Write-offs 0.300%
Residential Customer Net Write-offs 0.490%
Total Net Write-offs 0.380%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $ 1,485,270
Commercial Class SC Collected $ 1,382,000
Industrial Class SC Collected $ 1,265,755
Total SC Collected $ 4,133,025
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 $ 4,133,025
TOTAL CURRENT SC REMITTANCES $ 9,288,364
Page 1 of 3
CURRENT BILLING MONTH 2/4/02 - 3/4/02 COLLECTION CURVE 95.75%
CALCULATED SC COLLECTED AMOUNT
------------------------------
RESIDENTIAL
-----------
A-1 Residential SC Collected $1,415,257
A-3 Residential T.O.D. SC Collected $ 6,472
A-4 Alternate Residence SC Collected $ 32,033
A-5 Residential Farm/Life Support SC Collected $ 31,508
TOTAL RESIDENTIAL SC COLLECTED $1,485,270
COMMERCIAL
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B-1 General Primary (041) SC Collected $ 18,663
B-General Secondary (010) SC Collected $ 258,756
C- General Secondary (011) SC Collected $ 520,639
D-General Primary (018) SC Collected $ 299,937
F-Primary High Load Factor (032) SC Collected $ 70,021
GH-General Service Heating (013) SC Collected $ 7,903
H- Water Heating Service (014) SC Collected $ 620
L-1 General Energy-Only Street Lighting SC Collected $ 3,101
L-2 General Service (Cust Owned) St Light SC Collected $ 3,227
L-3 General Service (Co Owned) St Light SC Collected $ 16,405
L-4 General Service Outdoor Lighting Commercial SC Collected $ 2,302
PS-1 General Secondary Public Pumping SC Collected $ 8,143
PS-2 General Primary Public Pumping SC Collected $ 5,533
PS-3 General Optional Primary Public Pumping SC Collected $ 44,957
R-1 General Secondary Resale SC Collected $ 33
R-2 General Secondary Resale SC Collected $ 951
R-3 General Primary Resale SC Collected $ 37,911
ROA-P Retail Open Access Primary (110) SC Collected $ 58,927
ROA-S Retail Open Access Secondary Com SC Collected $ 5,117
SC - Special Contract Commercial SC Collected $ 4,068
SPEC Grand Rapids Special Contract SC Collected $ 3,831
UR-General Unmetered SC Collected $ 10,955
TOTAL COMMERCIAL SC COLLECTED $1,382,000
INDUSTRIAL
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B-1 General Primary (042) SC Collected $ 16,657
B-General Secondary (020) SC Collected $ 34,376
C- General Secondary (021) SC Collected $ 73,199
CG-Cogeneration/Small Power Production Purchase SC Collected $ 2,428
D-General Primary (028) SC Collected $ 630,593
F-Primary High Load Factor (033) SC Collected $ 120,071
GH-General Service Heating (023) SC Collected $ 77
GMD General Motors SC Collected $ 56,042
GMF General Motors SC Collected $ 98,988
GMF-1 General Motors SC Collected $ 3,890
H- Water Heating Service (024) SC Collected $ 3
Page 2 of 3
<Caption>
CURRENT BILLING MONTH 2/4/02 - 3/4/02 COLLECTION CURVE 95.75%
I-General Primary Interruptible (034) SC Collected $ 3,088
J-1General Alternative Electric Metal Melting SC Collected $ 27,867
J-General Primary Electric Furnace (037) SC Collected $ 5,889
L-4 General Service Outdoor Lighting Industrial SC Collected $ 129
ROA-P Retail Open Access Primary (111) SC Collected $ 62,641
ROA-S Retail Open Access Secondary Ind SC Collected $ 463
SC - Special Contract Industrial SC Collected $ 129,354
TOTAL INDUSTRIAL SC COLLECTED $1,265,755
TOTAL SC COLLECTED $4,133,025
Executed as of this 14th day of March 2002.
CONSUMERS ENERGY COMPANY
AS SERVICER
/s/ Glenn P. Barba
-------------------------
Glenn Barba, Controller
CC: Consumers Funding LLC
Suite M-1079
212 W. Michigan Ave
Jackson, Mi 49201