Twelfth Bank Loan Certificate of Notification
                             (First Quarter - 2000)

                                    Filed by

                               GULF POWER COMPANY

Pursuant to order of the Securities and Exchange Commission dated December 13,
1996 in the matter of File No. 70-8947.

                              - - - - - - - - - - -

Gulf Power Company (GULF) hereby certifies to said Commission, pursuant to Rule
24, that, in accordance with the terms and conditions of and for the purposes
represented by the statement on Form U-1 in the above matter at the end of the
first quarter of 2000, GULF had:

Short-term and/or term loan notes outstanding - $52,500,000;

Commercial paper to dealers outstanding - $0; and

Non-negotiable promissory notes to public entities in exchange for the proceeds
of their revenue anticipation notes - $0

                                    SIGNATURE

Pursuant to the requirements of the Public Utility Holding Company Act of 1935,
the undersigned company has duly caused this certificate to be signed on its
behalf by the undersigned thereunto duly authorized.

Dated:       June 9, 2000                      GULF POWER COMPANY


                                               By:  /s/Wayne Boston
                                                       Wayne Boston
                                                    Assistant Secretary