8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, DC   20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) September 28, 2007

VECTREN CORPORATION

(Exact name of registrant as specified in its charter)

Commission File No.	Registrant, State of Incorporation, Address, and Telephone Number	I.R.S Employer Identification No.
1-15467	Vectren Corporation	35-2086905
	(An Indiana Corporation)
	One Vectren Square,
	Evansville, Indiana 47708
	(812) 491-4000
1-16739	Vectren Utility Holdings, Inc.	35-2104850
	(An Indiana Corporation)
	One Vectren Square,
	Evansville, Indiana 47708
	(812) 491-4000

Former name or address, if changed since last report:

N/A

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.  Other Events

Vectren Corporation (the Company), an energy holding company, announced on Friday, September 28, 2007, that its wholly owned subsidiary, Vectren Energy Delivery of Ohio, Inc., issued a pre-filing notice with the Public Utilities Commission of Ohio indicating it plans to request an increase in its base rate charges for Vectren’s gas distribution business in its 17-county service area in west central Ohio.  A copy of the press release is furnished as exhibit 99.1 to this Current Report on Form 8-K.

In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company is hereby furnishing cautionary statements identifying important factors that could cause actual results of the Company and its subsidiaries, including Vectren Utility Holdings, Inc., to differ materially from those projected in forward-looking statements of the Company and its subsidiaries made by, or on behalf of, the Company and its subsidiaries. These cautionary statements are attached as Exhibit 99.2.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	VECTREN CORPORATION VECTREN UTILITY HOLDINGS, INC.
October 1, 2007
		By:  /s/ M. Susan Hardwick
		M. Susan Hardwick
		Vice President, Controller & Assistant Treasurer

INDEX TO EXHIBITS

The following Exhibits are furnished as part of this Report to the extent described in Item 8.01:

Exhibit Number	Description
99.1	Vectren Energy Delivery of Ohio Announces Plans for New Rate Case, Simplified Delivery Billing
99.2	Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995

EX-99.1

Exhibit 99.1

           News

                      &# 160;    Release

        Vectren Corporation

        One Vectren Square

        Evansville, IN  47708

FOR IMMEDIATE RELEASE

September 28, 2007

Contact:  Media - Mike Roeder, (812) 491-4143 or mroeder@vectren.com

Investor Relations – Steve Schein, (812) 491-4209 or sschein@vectren.com

Vectren Energy Delivery of Ohio Announces

Plans for New Rate Case, Simplified Delivery Billing

Dayton, Ohio -- Vectren Energy Delivery of Ohio (Vectren), a subsidiary of Vectren Corporation (NYSE: VVC), issued a pre-filing notice today with the Public Utilities Commission of Ohio (PUCO) indicating it plans to request an increase in its base rate charges for Vectren’s gas distribution business in its 17-county service area in west central Ohio.  If the filing is approved, Vectren expects to increase base rates by approximately $29 million to cover the ongoing cost of operating, maintaining and expanding the approximately 5,200-mile distribution system used to serve 318,000 customers.

More detailed customer bill impacts will be available when Vectren files its application requesting the base rate charges increase, which is expected in late October.  As proposed, the average residential sales customer rate increase would be less than 8 percent.

Today’s filing marks only the second time in more than 15 years a request has been filed for a rate increase in its base rate charges (“non-gas-costs”) for the Vectren customer base.  While operations have been managed efficiently to avoid repeated increases in “non-gas costs” for the past decade and a half, investments made to serve Vectren customers have increased.  In addition, increased levels of maintenance and labor and related costs and other operating costs continue to generate upward pressure on expenses, and the federal law related to natural gas pipeline safety continues to require significant additional costs.

“The primary driver of this adjustment is investment in infrastructure upgrades in recent years and funds needed for programs and services needed to continue safe energy delivery,” said President of Vectren Energy Delivery of Ohio, Dan Berry.  "Adjusting our base rates to both recover and continue these investments is important to our ability to attract the necessary capital to sustain and promote the service reliability and safety that is paramount to our customers."

Highlights of the filing include programs and services needed to continue safe energy delivery such as the following:

·   regulator station work, including fence and regulator maintenance;

·   additional workplace training and apprenticeship programs to help replace Vectren’s aging workforce;

·   line/right-of-way maintenance for transmission and distribution lines; and

·   enhanced meter testing services, including audits and inspection programs.

In addition to recovering existing infrastructure investments, VEDO also notified the PUCO it intends to, over time, move the base rate charges line item of the bill toward a more standard fee reflecting both the fixed costs of the investment and a more understandable and predictable fee for the delivery of natural gas.  Vectren will seek extension of the decoupling mechanisms currently in place to encourage customer conservation.  Vectren will also seek approval of expanded conservation-oriented programs, such as rebate offerings on high-efficiency natural gas appliances for existing and new home construction, to help customers lower their natural gas bills.

“These additional changes are to simplify residential customer billing and to position the company to remain aligned with customers to conserve natural gas,” Berry said.  “Vectren will continue promoting its Choice Advantage program which allows customers to select their own gas marketer to provide the gas commodity.  At the same time we are beginning a process to further reward customers for their conservation efforts.”

The notice of petition only addresses Vectren’s base rate charges “non-gas costs,” which represent between 25 and 30 cents of every dollar paid by customers for their gas service.  These “non-gas costs” are incurred to build, operate and maintain the pipes, other equipment and systems that are used to deliver gas across Vectren’s system to its customers.  The remaining 70 to 75 cents of each dollar represents the cost of the gas used by customers.  That gas is purchased on the wholesale market by Vectren on behalf of its sales customers, and its purchasing actions are subject to ongoing regulatory scrutiny by the PUCO under the state’s Gas Cost Recovery (GCR) procedures to ensure those actions are reasonable.  Under Ohio regulation, Vectren is not allowed to make a profit on the cost of gas.

Vectren serves all or a portion of Auglaize, Butler, Champaign, Clark, Clinton, Darke, Fayette, Greene, Highland, Logan, Madison, Miami, Montgomery, Pickaway, Preble, Shelby and Warren counties.

Vectren’s request is subject to review and approval by the PUCO.

About Vectren Corporation

Vectren Corporation is an energy holding company headquartered in Evansville, Ind.  The company's energy delivery subsidiaries provide gas and/or electricity to more than one million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio.  The company's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the Midwest and Southeast.  These include gas marketing and related services; coal production and sales; and energy infrastructure services.

EX-99.2

Exhibit  99.2

Cautionary Statement for Purposes of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995.

A “safe harbor” for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995).  The Reform Act of 1995 was adopted to encourage such forward-looking statements without the threat of litigation, provided those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause the actual results to differ materially from those projected in the statement.  Certain matters described in Management’s Discussion and Analysis of Results of Operations and Financial Condition are forward-looking statements.  Such statements are based on management’s beliefs, as well as assumptions made by and information currently available to management.  When used in this filing, the words “believe”, “anticipate”, “endeavor”, “estimate”, “expect”, “objective”, “projection”, “forecast”, “goal” and similar expressions are intended to identify forward-looking statements.  In addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements, factors that could cause the Company’s actual results to differ materially from those contemplated in any forward-looking statements include, among others, the following:

·   Factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage; unusual maintenance or repairs; unanticipated changes to fossil fuel costs; unanticipated changes to gas supply costs, or availability due to higher demand, shortages, transportation problems or other developments; environmental or pipeline incidents; transmission or distribution incidents; unanticipated changes to electric energy supply costs, or availability due to demand, shortages, transmission problems or other developments; or electric transmission or gas pipeline system constraints.

·   Increased competition in the energy environment including effects of industry restructuring and unbundling.

·   Regulatory factors such as unanticipated changes in rate-setting policies or procedures, recovery of investments and costs made under traditional regulation, and the frequency and timing of rate increases.

·   Financial, regulatory or accounting principles or policies imposed by the Financial Accounting Standards Board; the Securities and Exchange Commission; the Federal Energy Regulatory Commission; state public utility commissions; state entities which regulate electric and natural gas transmission and distribution, natural gas gathering and processing, electric power supply; and similar entities with regulatory oversight.

·   Economic conditions including the effects of an economic downturn, inflation rates, commodity prices, and monetary fluctuations.

·   Increased natural gas commodity prices and the potential impact on customer consumption, uncollectible accounts expense, unaccounted for gas and interest expense.

·   Changing market conditions and a variety of other factors associated with physical energy and financial trading activities including, but not limited to, price, basis, credit, liquidity, volatility, capacity, interest rate, and warranty risks.

·   Direct or indirect effects on the Company’s business, financial condition, liquidity and results of operations resulting from changes in credit ratings, changes in interest rates, and/or changes in market perceptions of the utility industry and other energy-related industries.

·   Employee or contractor workforce factors including changes in key executives, collective bargaining agreements with union employees, aging workforce issues, or work stoppages.

·   Legal and regulatory delays and other obstacles associated with mergers, acquisitions and investments in joint ventures.

·   Costs, fines, penalties and other effects of legal and administrative proceedings, settlements, investigations, claims, including, but not limited to, such matters involving inadvertent violations of state and federal laws.

·   Changes in federal, state or local legislative requirements, such as changes in tax laws or rates, environmental laws and regulations.

The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changes in actual results, changes in assumptions, or other factors affecting such statements.