EXHIBIT 23.2

INDEPENDENT AUDITORS' CONSENT

We  consent  to the  incorporation  by  reference  in this  Amendment  No.  3 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 2G and financial  derivative  instruments and hedging
activities described in Note 12, and the restatement  described in Note 3) dated
February  26,  2003  (June  2,  2003 as to  Notes 3 and  17),  appearing  in the
Amendment No. 1 to the Annual Report on Form 10-K/A 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

June 25, 2003