Exhibit 23.2





                       CONSENT OF INDEPENDENT ACCOUNTANTS


                                    --------



We consent to the incorporation by reference in the Prospectus Supplement to the
Registration Statement on Form S-3 of Gulf Power Company's Series I 5.75% Senior
Notes due September 15, 2033 of our report dated February 11, 2003 relating to
the financial statements of XL Financial Assurance Ltd. as of December 31, 2002
and 2001 and for each of the three years in the period ended December 31, 2002,
which appears as Exhibit 99.2 in XL Capital Ltd.'s Annual Report on Form 10-K
for the year ended December 31, 2002. We also consent to the reference to our
Firm under the caption "Experts" in such Prospectus Supplement.



/s/PricewaterhouseCoopers
PricewaterhouseCoopers
Chartered Accountants



Hamilton, Bermuda
September 5, 2003