Gulf Power says it received about 6 million dollars less in customer bill payments in April. About 2.1 million dollars is considered bad debt, 7 times the historical average for April which is usually about $300,000. The company anticipates the COVID-related bad debt expense will continue to increase. Like other utilities Gulf Power suspended electric-service disconnections in March because of the pandemic. Utilities may seek rate increases to help cover the losses. For Gulf Power the process to revise base electric rates is expected to start in 2021.
GULF POWER REVENUES DOWN
May 26, 2020 | 6:53 PM
Sun Sep 6
Pensacola, FL, USA
92°FFeels Like: 107°F
Wind/Dir: 27 MPH-SW
Humidity: 66%
Pressure: 29.8 INHG
Partly Cloudy. Feels like 107°F. Wind 27 mph SW. Pressure 29.8 inHg. Visibility 10 mi.
Last Updated: 3:56 PM (Time Zone: America/Chicago)
Sun Sep 6
This Afternoon
90°FHighWind/Dir: 10 MPH-SW
Precipitation: 24%
A slight chance of showers and thunderstorms. Sunny, with a high near 90. Heat index values as high as 105. Southwest wind around 10 mph. Chance of precipitation is 20%.
Tonight
79°FLowWind/Dir: 5 MPH-W
Precipitation: 24%
A slight chance of showers and thunderstorms. Partly cloudy, with a low around 79. West wind 5 to 10 mph. Chance of precipitation is 20%.
Mon Sep 7
Day
91°FHighWind/Dir: 5 MPH-S
Precipitation: 36%
A slight chance of showers and thunderstorms before 10am, then a chance of showers and thunderstorms. Sunny. High near 91, with temperatures falling to around 87 in the afternoon. Heat index values as high as 109. South wind 5 to 10 mph. Chance of precipitation is 40%. New rainfall amounts less than a tenth of an inch possible.
Night
77°FLowWind/Dir: 5 MPH-SE
Precipitation: 51%
A chance of showers and thunderstorms. Mostly cloudy, with a low around 77. Southeast wind 5 to 10 mph. Chance of precipitation is 50%.
Tue Sep 8
Day
87°FHighWind/Dir: 10 MPH-E
Precipitation: 59%
Showers and thunderstorms likely. Mostly sunny, with a high near 87. East wind 10 to 15 mph, with gusts as high as 25 mph. Chance of precipitation is 60%.
Night
78°FLowWind/Dir: 5 MPH-E
Precipitation: 59%
Showers and thunderstorms likely. Partly cloudy, with a low around 78. East wind 5 to 10 mph. Chance of precipitation is 60%.
Wed Sep 9
Day
88°FHighWind/Dir: 10 MPH-SE
Precipitation: 69%
Showers and thunderstorms likely. Mostly sunny, with a high near 88. Southeast wind around 10 mph. Chance of precipitation is 70%.
Night
78°FLowWind/Dir: 0 MPH-SE
Precipitation: 59%
Showers and thunderstorms likely before 7pm, then a chance of showers and thunderstorms. Partly cloudy, with a low around 78. Southeast wind 0 to 5 mph. Chance of precipitation is 60%.
Thu Sep 10
Day
87°FHighWind/Dir: 0 MPH-SE
Precipitation: 47%
A chance of showers and thunderstorms. Mostly sunny, with a high near 87. Southeast wind 0 to 10 mph. Chance of precipitation is 50%.
Night
78°FLowWind/Dir: 5 MPH-SW
Precipitation: 47%
A chance of showers and thunderstorms. Partly cloudy, with a low around 78. Chance of precipitation is 50%.
Fri Sep 11
Day
88°FHighWind/Dir: 5 MPH-SW
Precipitation: 48%
A chance of showers and thunderstorms. Mostly sunny, with a high near 88. Chance of precipitation is 50%.
Night
78°FLowWind/Dir: 5 MPH-SW
Precipitation: 45%
A chance of showers and thunderstorms. Partly cloudy, with a low around 78. Chance of precipitation is 50%.
Sat Sep 12
Day
88°FHighWind/Dir: 5 MPH-SW
Precipitation: 51%
A chance of showers and thunderstorms. Mostly sunny, with a high near 88. Chance of precipitation is 50%.
Night
78°FLowWind/Dir: 5 MPH-S
Precipitation: 46%
A chance of showers and thunderstorms. Partly cloudy, with a low around 78.
