<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted
from the Form 10-Q for September 30, 1995, and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000044545
<NAME> GULF POWER CO
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1995
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    1,059,283
<OTHER-PROPERTY-AND-INVEST>                        782
<TOTAL-CURRENT-ASSETS>                         165,082
<TOTAL-DEFERRED-CHARGES>                        88,022
<OTHER-ASSETS>                                       0
<TOTAL-ASSETS>                               1,313,169
<COMMON>                                        38,060
<CAPITAL-SURPLUS-PAID-IN>                      218,461
<RETAINED-EARNINGS>                            186,173
<TOTAL-COMMON-STOCKHOLDERS-EQ>                 442,694
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                     89,602
<LONG-TERM-DEBT-NET>                           317,905
<SHORT-TERM-NOTES>                              23,000
<LONG-TERM-NOTES-PAYABLE>                       41,335
<COMMERCIAL-PAPER-OBLIGATIONS>                       0
<LONG-TERM-DEBT-CURRENT-PORT>                 (31,650)
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                          0
<LEASES-CURRENT>                                     0
<OTHER-ITEMS-CAPITAL-AND-LIAB>                 430,283
<TOT-CAPITALIZATION-AND-LIAB>                1,313,169
<GROSS-OPERATING-REVENUE>                      478,226
<INCOME-TAX-EXPENSE>                            32,356
<OTHER-OPERATING-EXPENSES>                     367,790
<TOTAL-OPERATING-EXPENSES>                     400,146
<OPERATING-INCOME-LOSS>                         78,080
<OTHER-INCOME-NET>                                 472
<INCOME-BEFORE-INTEREST-EXPEN>                  78,552
<TOTAL-INTEREST-EXPENSE>                        22,612
<NET-INCOME>                                    55,940
<PREFERRED-STOCK-DIVIDENDS>                      4,376
<EARNINGS-AVAILABLE-FOR-COMM>                   51,564
<COMMON-STOCK-DIVIDENDS>                        34,300
<TOTAL-INTEREST-ON-BONDS>                            0
<CASH-FLOW-OPERATIONS>                         122,954
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0