EXHIBIT 10(a)
MONTHLY SERVICER'S CERTIFICATE
CONSUMERS FUNDING LLC
$468,592,000 SECURITIZATION BONDS, SERIES 2001-1
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: October 2004
CURRENT BILLING MONTH 10/1/2004 - 10/31/2004 COLLECTION CURVE 100%
- --------------------------------------------- -----------------------------
STANDARD BILLING FOR PRIOR BILLING MONTH
Residential Total Billed $108,697,356
Residential SECURITIZATION CHARGE (SC) Billed $ 1,407,793 1.295%
Commercial Total Billed $ 80,914,862
Commercial SECURITIZATION CHARGE (SC) Billed $ 1,415,431 1.749%
Industrial Total Billed $47,614,875
Industrial SECURITIZATION CHARGE (SC) Billed $ 1,442,181 3.029%
YTD NET WRITE-OFFS AS A % OF BILLED REVENUE
Non-Residential Customer Net Write-offs 0.130%
Residential Customer Net Write-offs 0.420%
Total Net Write-offs 0.250%
AGGREGATE SC COLLECTIONS
TOTAL SC REMITTED FOR BILLING MONTH
Residential Class SC Collected $ 1,416,882
Commercial Class SC Collected $ 1,434,585
Industrial Class SC Collected $ 1,436,191
Total SC Collected $ 4,287,658
Aggregate SC Remittances for October 2004
BILLING MONTH $ 4,287,658
Aggregate SC Remittances for November 2004
BILLING MONTH $ 0
Aggregate SC Remittances for December 2004
BILLING MONTH $ 0
TOTAL CURRENT SC REMITTANCES $ 4,287,658
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CURRENT BILLING MONTH 10/1/2004 - 10/31/2004 COLLECTION CURVE 100%
- -------------------------------------------- ---------------------
CALCULATED SC COLLECTED AMOUNT
RESIDENTIAL
A-1 Residential SC Collected $1,348,475
A-3 Residential T.O.D. SC Collected $ 4,018
A-4 Alternate Residence SC Collected $ 35,550
A-5 Residential Farm/Life Support SC Collected $ 28,839
TOTAL RESIDENTIAL SC COLLECTED $1,416,882
COMMERCIAL
B-1 General Primary (041) SC Collected $ 23,843
B-General Secondary (010) SC Collected $ 273,834
C- General Secondary (011) SC Collected $ 486,631
D-General Primary (018) SC Collected $ 292,575
F-Primary High Load Factor (032) SC Collected $ 51,754
GH-General Service Heating (013) SC Collected $ 3,320
H- Water Heating Service (014) SC Collected $ 665
L-1 General Energy-Only Street Lighting SC Collected $ 2,181
L-2 General Service (Cust Owned) St Light SC Collected $ 2,286
L-3 General Service (Co Owned) St Light SC Collected $ 11,736
L-4 General Service Outdoor Lighting Commercial
SC Collected $ 1,522
PS-1 General Secondary Public Pumping SC Collected $ 6,574
PS-2 General Primary Public Pumping SC Collected $ 9,977
PS-3 General Optional Primary Public Pumping
SC Collected $ 37,748
R-1 General Secondary Resale SC Collected $ 45
R-2 General Secondary Resale SC Collected $ 1,031
R-3 General Primary Resale SC Collected $ 29,403
ROA-P Retail Open Access Primary (110) SC Collected $ 132,292
ROA-S Retail Open Access Secondary Com SC Collected $ 48,048
SC - Special Contract Commercial SC Collected $ 2,181
SPEC Grand Rapids Special Contract SC Collected $ 2,496
UR-General Unmetered SC Collected $ 14,443
TOTAL COMMERCIAL SC COLLECTED $1,434,585
INDUSTRIAL
B-1 General Primary (042) SC Collected $ 20,328
B-General Secondary (020) SC Collected $ 35,986
C- General Secondary (021) SC Collected $ 72,724
CG-Cogeneration/Small Power Production Purchase
SC Collected $ 1,051
D-General Primary (028) SC Collected $ 481,398
F-Primary High Load Factor (033) SC Collected $ 71,515
GH-General Service Heating (023) SC Collected $ 26
GMD General Motors SC Collected $ 61,460
GMF General Motors SC Collected $ 119,609
GMF-1 General Motors SC Collected $ 14,336
GMJ-1 General Motors SC Collected $ 7,737
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CURRENT BILLING MONTH 10/1/2004 - 10/31/2004 COLLECTION CURVE 100%
- ---------------------------------------------- ---------------------
H- Water Heating Service (024) SC Collected $ 0
I-General Primary Interruptible (034) SC Collected $ 0
J-1 General Alternative Electric Metal Melting
SC Collected $ 37,184
J-General Primary Electric Furnace (037) SC Collected $ 6,051
L-4 General Service Outdoor Lighting Industrial
SC Collected $ 93
R-3 General Primary Resale (027) SC Collected $ 64
ROA-P Retail Open Access Primary (111) SC Collected $ 349,938
ROA-S Retail Open Access Secondary Ind SC Collected $ 5,813
SC - Special Contract Industrial SC Collected $ 150,878
TOTAL INDUSTRIAL SC COLLECTED $1,436,191
TOTAL SC COLLECTED $4,287,658
Executed as of this 16th day of November 2004.
CONSUMERS ENERGY COMPANY
AS SERVICER
/s/ Glenn P. Barba
-----------------------------------------
Glenn P. Barba, Vice President and
Controller
CC: Consumers Funding LLC
One Energy Plaza
Jackson, Mi 49201
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