Fitch Affirms Consumers Funding LLC

Fitch Ratings affirms the 'AAA' ratings and maintains the Stable Outlook on the Consumers Funding LLC U.S. utility tariff bond transaction.

The transaction is performing within expectations, with levels of outstanding principal amounts in-line with the targeted amortization schedule. The true-up mechanism is performing as expected, providing adequate credit support for all outstanding classes.

Fitch has affirmed the following ratings, with a Stable Outlook:

Consumers Funding LLC

Series 2001-1

--Class A-5 at 'AAAsf';

--Class A-6 at 'AAAsf'.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'Global Structured Finance Rating Criteria', Aug. 4, 2011;

--'Rating Criteria for U.S. Utility Tariff Bonds', Jan. 6, 2012.

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

Rating Criteria for U.S. Utility Tariff Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=662317

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Fitch Ratings
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Du Trieu, [phone]
Senior Director
Fitch, Inc.
70 W. Madison Street
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Bradley Sohl, [phone]
Senior Director
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