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: March 2003
CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100%
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $153,842,613
Residential SECURITIZATION CHARGE (SC) Billed $1,454,425 0.945%
Commercial Total Billed $82,577,763
Commercial SECURITIZATION CHARGE (SC) Billed $1,289,158 1.561%
Industrial Total Billed $47,811,654
Industrial SECURITIZATION CHARGE (SC) Billed $1,325,436 2.772%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
Non-Residential Customer Net Write-offs 0.180%
Residential Customer Net Write-offs 0.520%
Total Net Write-offs 0.330%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $1,457,966
Commercial Class SC Collected $1,354,925
Industrial Class SC Collected $1,337,560
Total SC Collected $4,150,451
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 $4,150,451
TOTAL CURRENT SC REMITTANCES $12,407,995
Page 1 of 3
CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100%
CALCULATED SC COLLECTED AMOUNT
RESIDENTIAL
A-1 Residential SC Collected $1,383,931
A-3 Residential T.O.D. SC Collected $6,512
A-4 Alternate Residence SC Collected $35,891
A-5 Residential Farm/Life Support SC Collected $31,632
TOTAL RESIDENTIAL SC COLLECTED $1,457,966
COMMERCIAL
B-1 General Primary (041) SC Collected $20,427
B-General Secondary (010) SC Collected $254,791
C-General Secondary (011) SC Collected $481,607
D-General Primary (018) SC Collected $304,822
F-Primary High Load Factor (032) SC Collected $46,922
GH-General Service Heating (013) SC Collected $10,373
H- Water Heating Service (014) SC Collected $610
L-1 General Energy-Only Street Lighting SC Collected $2,514
L-2 General Service (Cust Owned) St Light SC Collected $2,656
L-3 General Service (Co Owned) St Light SC Collected $13,622
L-4 General Service Outdoor Lighting Commercial SC Collected $1,853
PS-1 General Secondary Public Pumping SC Collected $7,589
PS-2 General Primary Public Pumping SC Collected $7,336
PS-3 General Optional Primary Public Pumping SC Collected $37,221
R-1 General Secondary Resale SC Collected $28
R-2 General Secondary Resale SC Collected $1,007
R-3 General Primary Resale SC Collected $31,667
ROA-P Retail Open Access Primary (110) SC Collected $98,665
ROA-S Retail Open Access Secondary Com SC Collected $12,350
SC - Special Contract Commercial SC Collected $1,782
SPEC Grand Rapids Special Contract SC Collected $2,892
UR-General Unmetered SC Collected $14,191
TOTAL COMMERCIAL SC COLLECTED $1,354,925
INDUSTRIAL
B-1 General Primary (042) SC Collected $14,945
B-General Secondary (020) SC Collected $34,995
C-General Secondary (021) SC Collected $74,114
CG-Cogeneration/Small Power Production Purchase SC Collected $1,492
D-General Primary (028) SC Collected $539,867
F-Primary High Load Factor (033) SC Collected $68,137
GH-General Service Heating (023) SC Collected $94
GMD General Motors SC Collected $68,205
GMF General Motors SC Collected $124,869
GMF-1 General Motors SC Collected $12,455
GMJ-1 General Motors SC Collected $11,664
Page 2 of 3
CURRENT BILLING MONTH 3/5/03 - 4/2/03 COLLECTION CURVE 100%
H- Water Heating Service (024) SC Collected $2
J-1General Alternative Electric Metal Melting SC Collected $34,888
J-General Primary Electric Furnace (037) SC Collected $4,486
L-4 General Service Outdoor Lighting Industrial SC Collected $106
ROA-P Retail Open Access Primary (111) SC Collected $275,344
ROA-S Retail Open Access Secondary Ind SC Collected $1,557
SC - Special Contract Industrial SC Collected $70,340
TOTAL INDUSTRIAL SC COLLECTED $1,337,560
TOTAL SC COLLECTED $4,150,451
Executed as of this 17th day of April 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