EXHIBIT 23.2


INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this  Registration  Statement of
Vectren Utility Holdings, Inc. on Form S-3 of our report (which report expresses
an  unqualified  opinion and includes  explanatory  paragraphs  referring to the
changes  in the  method of  accounting  for  goodwill  described  in Note 2F and
financial  derivative  instruments and hedging activities  described in Note 12,
and the restatement  described in Note 3) dated February 26, 2003,  appearing in
the Annual Report on Form 10-K of Vectren  Utility  Holdings,  Inc. for the year
ended  December 31, 2002 and to the reference to us under the heading  "Experts"
in the Prospectus, which is part of this Registration Statement.


/s/ Deloitte & Touche LLP

DELOITTE & TOUCHE LLP
Indianapolis, Indiana
March 31, 2003