EXHIBIT 23.2


INDEPENDENT AUDITORS' CONSENT

We  consent  to the  incorporation  by  reference  in this  Amendment  No.  2 to
Registration Statement No. 333-104186 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
May 13, 2003