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Gulf Power Company

From Alfawiki
Gulf Power Company
Company typeSubsidiary
IndustryElectric utility
Founded1925
FateMerged into Florida Power & Light in 2021; fully integrated in 2022
Headquarters
Pensacola
,
United States
Area served
Northwest Florida (10 counties and 71 municipalities)
ProductsElectricity
ParentNextEra Energy (since 2019)

Gulf Power Company (GPC), an American electric utility established in 1925 and based in Pensacola, Florida, provided electricity to more than 450,000 customers throughout 10 counties and 71 municipalities in northwest Florida. The company maintained a total generating capacity of 2.278 gigawatts.

In 2019, Juno Beach-headquartered NextEra Energy acquired Gulf Power. By 2021, GPC was formally consolidated into Florida Power & Light (FPL). Throughout that year, NextEra managed GPC as a distinct division under FPL before fully integrating it in early 2022 as FPL’s Northwest Florida division.

Overview

Gulf Power’s service area extended over approximately 10,000 square miles in northwest Florida, catering to roughly 465,000 customers. The utility owned nearly 4,400 miles of transmission lines and about 38,000 miles of distribution lines—of which 1,748 miles were underground—covering territory from the western border of Alabama to the Apalachicola River and stretching northward into Alabama and southward to the Gulf of Mexico. Direct retail service was provided to close to 395,000 customers, with an additional 14,000 served through wholesale contracts involving an investor-owned utility and a municipal entity.

History

  • February 10, 1925 – Southeastern Power and Light Company purchases Pensacola Electric Company.
  • October 29, 1925 – Gulf Power Company is formed as a subsidiary of Southeastern.
  • February 6, 1926 – Acquisition of Chipley Light and Power Company marks Gulf Power’s transition into an operational public utility.
  • Late 1926 – Following Pensacola Electric's receivership, it merges into Gulf Power; modernization initiatives commence amid inconsistent power availability.
  • September 6, 1926 – The Great Miami Hurricane severely damages infrastructure; restoration efforts succeed within 65 days through coordinated teamwork.
  • Late 1926 – A new 110,000-volt transmission line is constructed linking northern Alabama/Florida border to Pensacola; local power generation halts for nearly forty years despite customer base expansion.
  • 1945 – To alleviate wartime electricity shortages, Gulf Power installs a 22,000 kW generating unit at the Crist Steam Plant.
  • 2018 – NextEra Energy announces the purchase of Gulf Power from Southern Company; transaction finalizes in January 2019.
  • January 1, 2021 – Official merger of Gulf Power into Florida Power & Light takes effect; it continues functioning as an independent division until full assimilation.

Fossil fuel power plants

Plant Nearest City Units Total Capacity
James F. Crist Electric Generating Plant Pensacola, Florida 4 930,000 kW
Gulf Power holds partial ownership in these facilities
Plant Nearest City Ownership Percentage Total Capacity
Victor J. Daniel Electric Generating Plant (Plant Daniel) Escatawpa, Mississippi 50% (506,500 kW) 2,000,000 kW
Robert W. Scherer Steam-Electric Generating Plant (Plant Scherer) Juliette, Georgia 25% (210,900 kW) 3,272,000 kW
Commercial generation Pea Ridge Pea Ridge, Florida — 15,000 kW

Community

In 2007, Gulf Power stood as the leading taxpayer in northwest Florida, contributing a total of $132.4 million in taxes across municipal, county, state, and federal levels. This amount represented 10.5 cents on every dollar earned or approximately $311 per customer. The company allocated close to $1.2 million towards support for local agencies, chambers of commerce, economic development initiatives, and charitable organizations such as the United Way of America. Additionally, its employees collectively donated more than $80,000 to various regional charitable causes.

Environment & Conservation

By the year 2011, Gulf Power had successfully reduced emissions from its plants by 85% compared to 1992 levels, all while increasing its customer base by 135,000.

See also

List of power stations in Florida

External links