EXHIBIT 23

CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

   As independent public accountants, we hereby consent to the
incorporation of our reports included  in this Form 10-K into
Indiana Energy, Inc.'s previously filed Registration Statements File
Nos. 33-45046, 33-56522, 33-57148, 33-55983 and 33-62439.




/s/Arthur Andersen LLP
Arthur Andersen LLP


Indianapolis, Indiana
December 18, 1998