EXHIBIT 23.4

                          INDEPENDENT AUDITORS' CONSENT

     We consent to the incorporation by reference in this Registration Statement
of Duke Energy Corporation on Form S-4 of our report dated March 12, 2003 (which
report expresses an unqualified opinion and includes an explanatory paragraph
relating to the adoption of Statement of Financial Accounting Standards No. 133,
"Accounting for Derivative Instruments and Hedging Activities" on January 1,
2001 and the adoption of Statement of Financial Accounting Standards No. 142,
"Goodwill and Other Intangible Assets" on January 1, 2002), appearing in the
Annual Report on Form 10-K of Duke Energy Corporation for the year ended
December 31, 2002 and to the reference to us under the heading "Experts" in the
Prospectus, which is a part of this Registration Statement.

/s/ DELOITTE & TOUCHE LLP
-------------------------
Charlotte, North Carolina
May 16, 2003