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: February 2003
CURRENT BILLING MONTH 2/4/2003 - 3/4/2003 COLLECTION CURVE 100%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $162,579,572
Residential SECURITIZATION CHARGE (SC) Billed $1,648,517 1.014%
Commercial Total Billed $85,363,714
Commercial SECURITIZATION CHARGE (SC) Billed $1,368,549 1.603%
Industrial Total Billed $48,186,801
Industrial SECURITIZATION CHARGE (SC) Billed $1,283,715 2.664%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
Non-Residential Customer Net Write-offs 0.160%
Residential Customer Net Write-offs 0.500%
Total Net Write-offs 0.310%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $1,569,334
Commercial Class SC Collected $1,358,169
Industrial Class SC Collected $1,354,944
Total SC Collected $4,282,447
Aggregate SC Remittances for January 2003 BILLING MONTH $3,975,097
Aggregate SC Remittances for February 2003 BILLING MONTH $4,282,447
Aggregate SC Remittances for March 2003 BILLING MONTH $0
TOTAL CURRENT SC REMITTANCES $8,257,544
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CURRENT BILLING MONTH 2/4/2003 - 3/4/2003 COLLECTION CURVE 100%
CALCULATED SC COLLECTED AMOUNT
RESIDENTIAL
A-1 Residential SC Collected $1,494,292
A-3 Residential T.O.D. SC Collected $6,390
A-4 Alternate Residence SC Collected $36,171
A-5 Residential Farm/Life Support SC Collected $32,481
TOTAL RESIDENTIAL SC COLLECTED $1,569,334
COMMERCIAL
B-1 General Primary (041) SC Collected $22,147
B-General Secondary (010) SC Collected $262,731
C-General Secondary (011) SC Collected $507,979
D-General Primary (018) SC Collected $309,066
F-Primary High Load Factor (032) SC Collected $44,863
GH-General Service Heating (013) SC Collected $9,063
H- Water Heating Service (014) SC Collected $666
L-1 General Energy-Only Street Lighting SC Collected $3,038
L-2 General Service (Cust Owned) St Light SC Collected $3,181
L-3 General Service (Co Owned) St Light SC Collected $16,194
L-4 General Service Outdoor Lighting Commercial SC Collected $2,191
PS-1 General Secondary Public Pumping SC Collected $7,666
PS-2 General Primary Public Pumping SC Collected $8,957
PS-3 General Optional Primary Public Pumping SC Collected $46,669
R-1 General Secondary Resale SC Collected $30
R-2 General Secondary Resale SC Collected $1,300
R-3 General Primary Resale SC Collected $35,134
ROA-P Retail Open Access Primary (110) SC Collected $49,550
ROA-S Retail Open Access Secondary Com SC Collected $11,576
SC - Special Contract Commercial SC Collected $1,656
SPEC Grand Rapids Special Contract SC Collected $3,604
UR-General Unmetered SC Collected $10,908
TOTAL COMMERCIAL SC COLLECTED $1,358,169
INDUSTRIAL
B-1 General Primary (042) SC Collected $16,163
B-General Secondary (020) SC Collected $34,439
C- General Secondary (021) SC Collected $71,451
CG-Cogeneration/Small Power Production Purchase SC Collected $2,887
D-General Primary (028) SC Collected $537,060
F-Primary High Load Factor (033) SC Collected $66,859
GH-General Service Heating (023) SC Collected $74
GMD General Motors SC Collected $65,041
GMF General Motors SC Collected $110,705
GMF-1 General Motors SC Collected $13,151
GMJ-1 General Motors SC Collected $7,460
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CURRENT BILLING MONTH 2/4/2003 - 3/4/2003 COLLECTION CURVE 100%
H- Water Heating Service (024) SC Collected $2
I-General Primary Interruptible (034) SC Collected $2,459
J-1General Alternative Electric Metal Melting SC Collected $32,081
J-General Primary Electric Furnace (037) SC Collected $7,396
L-4 General Service Outdoor Lighting Industrial SC Collected $130
ROA-P Retail Open Access Primary (111) SC Collected $206,671
ROA-S Retail Open Access Secondary Ind SC Collected $1,523
SC - Special Contract Industrial SC Collected $179,392
TOTAL INDUSTRIAL SC COLLECTED $1,354,944
TOTAL SC COLLECTED $4,282,447
Executed as of this 19th day of March 2003.
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CONSUMERS ENERGY COMPANY
AS SERVICER
/s/ Glenn P. Barba
------------------------------
Glenn Barba, Vice President,
Controller and Chief
Accounting Officer
CC: Consumers Funding LLC
Suite M-1079
212 W. Michigan Ave
Jackson, Mi 49201
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