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
Mon Nov 2
Pensacola, FL, USA
70°FWind/Dir: 18 MPH-ENE
Humidity: 90%
Pressure: 30 INHG
Mostly Cloudy. Wind 18 mph ENE. Pressure 30 inHg. Visibility 10 mi.
Last Updated: 5:56 PM (Time Zone: America/Chicago)
Tue Nov 3
Tonight
70°FLowWind/Dir: 10 MPH-E
Precipitation: 4%
Mostly cloudy, with a low around 70. East wind 10 to 15 mph, with gusts as high as 25 mph.
Day
79°FHighWind/Dir: 15 MPH-E
Precipitation: 22%
A slight chance of rain showers between noon and 3pm, then a slight chance of showers and thunderstorms. Mostly cloudy, with a high near 79. East wind 15 to 20 mph, with gusts as high as 30 mph. Chance of precipitation is 20%.
Night
71°FLowWind/Dir: 10 MPH-SE
Precipitation: 68%
Showers and thunderstorms likely. Mostly cloudy, with a low around 71. Southeast wind 10 to 15 mph, with gusts as high as 25 mph. Chance of precipitation is 70%. New rainfall amounts between a quarter and half of an inch possible.
Wed Nov 4
Day
80°FHighWind/Dir: 5 MPH-S
Precipitation: 52%
A chance of showers and thunderstorms before noon, then a slight chance of showers and thunderstorms. Mostly sunny, with a high near 80. South wind 5 to 10 mph. Chance of precipitation is 50%.
Night
68°FLowWind/Dir: 5 MPH-W
Precipitation: 4%
Partly cloudy, with a low around 68. West wind around 5 mph.
Thu Nov 5
Day
79°FHighWind/Dir: 5 MPH-NW
Precipitation: 5%
Mostly sunny, with a high near 79. Northwest wind around 5 mph.
Night
63°FLowWind/Dir: 5 MPH-W
Precipitation: 2%
Partly cloudy, with a low around 63. West wind around 5 mph.
Fri Nov 6
Day
77°FHighWind/Dir: 5 MPH-NW
Precipitation: 14%
Mostly sunny, with a high near 77. Northwest wind 5 to 10 mph.
Night
59°FLowWind/Dir: 5 MPH-N
Precipitation: 7%
Partly cloudy, with a low around 59. North wind 5 to 10 mph.
Sat Nov 7
Day
74°FHighWind/Dir: 5 MPH-N
Precipitation: 15%
A slight chance of rain showers after noon. Mostly sunny, with a high near 74. Chance of precipitation is 20%.
Night
57°FLowWind/Dir: 10 MPH-N
Precipitation: 15%
A slight chance of rain showers after midnight. Partly cloudy, with a low around 57. Chance of precipitation is 20%.
Sun Nov 8
Day
71°FHighWind/Dir: 10 MPH-NW
Precipitation: 17%
A slight chance of rain showers. Mostly sunny, with a high near 71. Chance of precipitation is 20%.
Night
55°FLowWind/Dir: 10 MPH-NW
Precipitation: 15%
A slight chance of rain showers. Partly cloudy, with a low around 55. Chance of precipitation is 20%.
Mon Nov 9
Day
70°FHighWind/Dir: 10 MPH-NW
Precipitation: 15%
A slight chance of rain showers. Sunny, with a high near 70.
