Vectren : Indiana: Low, relatively stable natural gas prices helped keep gas as most affordable heating source

April 24, 2014

Media contact: Chase Kelley, (812) 491-4128 or kckelley@vectren.com

One Vectren Square

Evansville, IN 47708

Indianapolis, Ind. - Central and southeastern Indiana customers of Vectren Energy Delivery of Indiana - North (Vectren) who heated their homes with natural gas this past winter paid significantly less than those who used propane or electricity to heat their homes over the winter heating season of November through March. Thanks to the continued favorable long-term pricing for natural gas, it remained the most cost-effective energy source for home heating this past winter.
Had winter weather been normal, the average Vectren customer would have paid $85 to $100 per month in home heating costs during the 2013-2014 heating season for a five-month total of $430 to $500 depending upon the efficiency of the furnace and size of the home.

* Above chart illustrates actual rates based on the 5-month, normal weather heating season. Actual bill
amounts varied greatly due to weather and size of the home. These amounts exclude costs for water heating.
"Even though all energy bills, regardless of fuel source, were much higher than expected this past winter due to extreme cold temperatures, those who used natural gas paid less than those who heat with alternative sources," said Mike Roeder, president of Vectren Energy Delivery of Indiana-North. "Although we saw some price market volatility with short-term gas prices this winter due to the bitter cold weather, forecasts show the long-term natural gas market remaining relatively stable for years to come, which will continue to benefit Hoosiers who utilize this abundant, domestic fuel."
To learn more about home heating with natural gas, contact Vectren at 1-800-227-1376 or visit www.vectren.com/naturalgas. In addition, Vectren offers appliance rebates for customers who upgrade to high- efficiency gas appliances, including furnaces or boilers. Learn more at www.vectren.com/saveenergy or call 1-
866-240-8476.
Vectren Energy Delivery of Indiana-North serves 570,000 gas customers in all or a portion of Adams, Allen, Bartholomew, Blackford, Boone, Clark, Clay, Clinton, Decatur, Delaware, Fayette, Floyd, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Huntington, Jackson, Jay, Jefferson, Johnson, Lawrence,
Madison, Martin, Miami, Monroe, Montgomery, Morgan, Orange, Owen, Parke, Putnam, Randolph, Rush, Shelby, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, Wayne, Wells and White counties.

Vectren Corporation (NYSE: VVC) is an energy holding company headquartered in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas and/or electricity to more than 1 million customers in adjoining service
territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include
infrastructure services, energy services, coal mining and energy marketing. To learn more about Vectren, visit
www.vectren.com.
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