Updated: March 2026

Electric Utility

Gulf Power

Commercial rate guide for Gulf Power โ€” Northwest Florida panhandle region including Pensacola, Fort Walton Beach, Panama City, and eight counties across the Florida panhandle

FL

Rate Overview

Avg Commercial Rate
$0.12per kWh
Service Type
Electric
Supply Choice
Not Available

Rate Structure

General service demand (GSD) for commercial accounts with separate demand and energy charges. Large power and light tariff for accounts over 500 kW. Fuel and capacity cost recovery applied monthly.

Recent Rate Changes

Rising

5.3% base rate increase effective January 2026 following merger integration with

5.3% base rate increase effective January 2026 following merger integration with NextEra Energy

Common Billing Issues

Property managers with Gulf Power accounts frequently encounter these billing challenges:

Hurricane restoration surcharges appearing as new line items

Fuel cost recovery adjustments creating monthly bill volatility

Transition billing issues following NextEra/FPL integration

Demand charges on seasonal commercial accounts

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

Florida is fully regulated. Gulf Power is now a subsidiary of NextEra Energy, the parent company of FPL, operating as a regulated utility in the panhandle.

Pending Rate Filings

๐Ÿ“‹

Storm cost recovery surcharge pending FPSC approval for 2025 hurricane season restoration costs

Cities Served

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Other Utility Providers

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