Vectren Corporation is an energy holding company headquartered in Evansville, Ind. Vectren's wholly owned subsidiary, Vectren Utility Holdings, Inc., serves as the intermediate holding company for three operating utilities: Vectren Energy Delivery of Indiana - North (Vectren North), Vectren Energy Delivery of Indiana - South (Vectren South) and Vectren Energy Delivery of Ohio (VEDO).
Vectren North provides energy delivery services to 568,000 natural gas customers located in central and southern Indiana. Vectren South provides energy delivery services to 141,000 electric customers and 111,000 gas customers located in southwestern Indiana. Vectren South also owns and operates electric generation to serve its electric customers and optimizes those assets in the wholesale power market. VEDO provides energy delivery services to approximately 317,000 natural gas customers located in west central Ohio.
Vectren's total generation is nearly 1,300 megawatts (MW) and includes 1,000 MW of coal-fired generation, 295 MW of gas-fired generation and 3.2 MW of landfill gas-fired power. In addition, the company has 30 MW of purchased wind power and another 100 MW of purchased power. Furthermore, interruptible load and demand side management initiatives can yield more than 60 MW of energy savings to meet peak demand if needed.
Vectren's Nonutility Group is involved in three primary business areas: Energy Marketing and Services, Coal Mining, and Energy Infrastructure Services. Energy Marketing and Services markets natural gas (ProLiance Energy) and retail products and services (Vectren Source). Coal Mining mines and sells coal (Vectren Fuels). Energy Infrastructure Services provides energy performance contracting services (Energy Systems Group) and underground construction, repair, and replacement services (Miller Pipeline).