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: August 2002
CURRENT BILLING MONTH 8/2/2002 - 8/30/2002 COLLECTION CURVE 100%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $127,037,920
Residential SECURITIZATION CHARGE (SC) Billed $1,860,844 1.465%
Commercial Total Billed $88,102,246
Commercial SECURITIZATION CHARGE (SC) Billed $1,658,048 1.882%
Industrial Total Billed $56,615,602
Industrial SECURITIZATION CHARGE (SC) Billed $1,575,016 2.782%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
Non-Residential Customer Net Write-offs 0.250%
Residential Customer Net Write-offs 0.320%
Total Net Write-offs 0.280%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $1,784,357
Commercial Class SC Collected $1,659,519
Industrial Class SC Collected $1,537,838
Total SC Collected $4,981,714
Aggregate SC Remittances for July 2002 BILLING MONTH $4,710,325
Aggregate SC Remittances for August 2002 BILLING MONTH $4,981,714
Aggregate SC Remittances for September 2002 BILLING MONTH $0
TOTAL CURRENT SC REMITTANCES $9,692,039
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CURRENT BILLING MONTH 8/2/2002 - 8/30/2002 COLLECTION CURVE 100%
CALCULATED SC COLLECTED AMOUNT
RESIDENTIAL
A-1 Residential SC Collected $1,696,702
A-3 Residential T.O.D. SC Collected $4,960
A-4 Alternate Residence SC Collected $48,465
A-5 Residential Farm/Life Support SC Collected $34,230
TOTAL RESIDENTIAL SC COLLECTED $1,784,357
COMMERCIAL
B-1 General Primary (041) SC Collected $28,049
B-General Secondary (010) SC Collected $339,064
C- General Secondary (011) SC Collected $605,300
D-General Primary (018) SC Collected $362,437
F-Primary High Load Factor (032) SC Collected $69,512
GH-General Service Heating (013) SC Collected $5,512
H- Water Heating Service (014) SC Collected $718
L-1 General Energy-Only Street Lighting SC Collected $1,700
L-2 General Service (Cust Owned) St Light SC Collected $1,932
L-3 General Service (Co Owned) St Light SC Collected $12,564
L-4 General Service Outdoor Lighting Commercial SC Collected $1,323
PS-1 General Secondary Public Pumping SC Collected $8,721
PS-2 General Primary Public Pumping SC Collected $9,442
PS-3 General Optional Primary Public Pumping SC Collected $62,555
R-1 General Secondary Resale SC Collected $148
R-2 General Secondary Resale SC Collected $1,308
R-3 General Primary Resale SC Collected $44,024
ROA-P Retail Open Access Primary (110) SC Collected $82,459
ROA-S Retail Open Access Secondary Com SC Collected $9,104
SC - Special Contract Commercial SC Collected $2,708
UR-General Unmetered SC Collected $10,939
TOTAL COMMERCIAL SC COLLECTED $1,659,519
INDUSTRIAL
B-1 General Primary (042) SC Collected $23,666
B-General Secondary (020) SC Collected $41,109
C- General Secondary (021) SC Collected $83,160
CG-Cogeneration/Small Power Production Purchase SC Collected $9,507
D-General Primary (028) SC Collected $633,251
F-Primary High Load Factor (033) SC Collected $128,605
GH-General Service Heating (023) SC Collected $43
GMD General Motors SC Collected $66,901
GMF General Motors SC Collected $126,780
GMF-1 General Motors SC Collected $15,937
GMJ-1 General Motors SC Collected $11,902
H- Water Heating Service (024) SC Collected $0
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CURRENT BILLING MONTH 8/2/2002 - 8/30/2002 COLLECTION CURVE 100%
I-General Primary Interruptible (034) SC Collected $293
J-1General Alternative Electric Metal Melting SC Collected $17,417
J-General Primary Electric Furnace (037) SC Collected $7,743
L-4 General Service Outdoor Lighting Industrial SC Collected $75
ROA-P Retail Open Access Primary (111) SC Collected $237,717
ROA-S Retail Open Access Secondary Ind SC Collected $5,499
SC - Special Contract Industrial SC Collected $128,233
TOTAL INDUSTRIAL SC COLLECTED $1,537,838
TOTAL SC COLLECTED $4,981,714
Executed as of this 19th day of September 2002.
CONSUMERS ENERGY COMPANY
AS SERVICER
/s/ Glenn Barba
---------------------------------------
Glenn Barba, Controller
CC: Consumers Funding LLC
Suite M-1079
212 W. Michigan Ave
Jackson, Mi 49201
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