<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements filed as Exhibit 99 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<CIK> 044545
<NAME> GULF POWER COMPANY
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               DEC-31-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,063,309
<OTHER-PROPERTY-AND-INVEST>                        740                   
<TOTAL-CURRENT-ASSETS>                         177,684
<TOTAL-DEFERRED-CHARGES>                       100,126
<OTHER-ASSETS>                                       0              
<TOTAL-ASSETS>                               1,341,859
<COMMON>                                        38,060
<CAPITAL-SURPLUS-PAID-IN>                      218,519
<RETAINED-EARNINGS>                            179,663                        
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 436,242
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     89,602
<LONG-TERM-DEBT-NET>                           317,850
<SHORT-TERM-NOTES>                              80,500
<LONG-TERM-NOTES-PAYABLE>                       37,074
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                  (31,548)
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 412,139
<TOT-CAPITALIZATION-AND-LIAB>                1,341,859
<GROSS-OPERATING-REVENUE>                      619,077
<INCOME-TAX-EXPENSE>                            34,065
<OTHER-OPERATING-EXPENSES>                     493,850
<TOTAL-OPERATING-EXPENSES>                     527,915
<OPERATING-INCOME-LOSS>                         91,162
<OTHER-INCOME-NET>                               1,531
<INCOME-BEFORE-INTEREST-EXPEN>                  92,693
<TOTAL-INTEREST-EXPENSE>                        29,726
<NET-INCOME>                                    62,967
<PREFERRED-STOCK-DIVIDENDS>                      5,813
<EARNINGS-AVAILABLE-FOR-COMM>                   57,154
<COMMON-STOCK-DIVIDENDS>                        46,400
<TOTAL-INTEREST-ON-BONDS>                       23,154                      
<CASH-FLOW-OPERATIONS>                          99,951
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0