EXHIBIT 23.4

                          INDEPENDENT AUDITORS' CONSENT


     We consent to the incorporation by reference in this Amendment No. 2 to
Registration Statement No. 333-105354 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

August 14, 2003