<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for September 30, 1999, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000044545 <NAME> GULF POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-END> Sep-30-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,060,742 <OTHER-PROPERTY-AND-INVEST> 1,481 <TOTAL-CURRENT-ASSETS> 157,909 <TOTAL-DEFERRED-CHARGES> 82,696 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,302,828 <COMMON> 38,060 <CAPITAL-SURPLUS-PAID-IN> 218,973 <RETAINED-EARNINGS> 171,827 <TOTAL-COMMON-STOCKHOLDERS-EQ> 428,860 <PREFERRED-MANDATORY> 85,000 <PREFERRED> 4,236 <LONG-TERM-DEBT-NET> 247,436 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 119,950 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 27,000 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 390,346 <TOT-CAPITALIZATION-AND-LIAB> 1,302,828 <GROSS-OPERATING-REVENUE> 519,585 <INCOME-TAX-EXPENSE> 27,712 <OTHER-OPERATING-EXPENSES> 420,238 <TOTAL-OPERATING-EXPENSES> 447,950 <OPERATING-INCOME-LOSS> 71,635 <OTHER-INCOME-NET> (309) <INCOME-BEFORE-INTEREST-EXPEN> 71,326 <TOTAL-INTEREST-EXPENSE> 24,557 <NET-INCOME> 46,769 <PREFERRED-STOCK-DIVIDENDS> 162 <EARNINGS-AVAILABLE-FOR-COMM> 46,607 <COMMON-STOCK-DIVIDENDS> 45,400 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 92,829 <EPS-BASIC> 0 <EPS-DILUTED> 0