<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for June 30, 1996, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000044545 <NAME> GULF POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> JUN-30-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,071,622 <OTHER-PROPERTY-AND-INVEST> 655 <TOTAL-CURRENT-ASSETS> 184,595 <TOTAL-DEFERRED-CHARGES> 90,339 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,347,211 <COMMON> 38,060 <CAPITAL-SURPLUS-PAID-IN> 218,519 <RETAINED-EARNINGS> 178,772 <TOTAL-COMMON-STOCKHOLDERS-EQ> 435,351 <PREFERRED-MANDATORY> 0 <PREFERRED> 89,602 <LONG-TERM-DEBT-NET> 345,985 <SHORT-TERM-NOTES> 64,500 <LONG-TERM-NOTES-PAYABLE> 16,430 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 15,528 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 379,815 <TOT-CAPITALIZATION-AND-LIAB> 1,347,211 <GROSS-OPERATING-REVENUE> 308,742 <INCOME-TAX-EXPENSE> 15,512 <OTHER-OPERATING-EXPENSES> 251,464 <TOTAL-OPERATING-EXPENSES> 266,976 <OPERATING-INCOME-LOSS> 41,766 <OTHER-INCOME-NET> (63) <INCOME-BEFORE-INTEREST-EXPEN> 41,703 <TOTAL-INTEREST-EXPENSE> 15,003 <NET-INCOME> 26,700 <PREFERRED-STOCK-DIVIDENDS> 2,861 <EARNINGS-AVAILABLE-FOR-COMM> 23,839 <COMMON-STOCK-DIVIDENDS> 24,700 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 63,093 <EPS-PRIMARY> 0 <EPS-DILUTED> 0