Pepco Energy has agreed to deploy about $5.3m in new energy conservation measures for five buildings on the university campus which comprise nearly 561,000 square feet academic, athletic and student dining areas.

Phase I of the project will include lighting retrofits, HVAC controls upgrades, water conservation measures, variable frequency drives, kitchen ventilation upgrades, cooling tower retrofits, building envelope sealing, and steam system repairs.

The new and improved energy infrastructure should reduce energy consumption by about 10% in the respective buildings and lower carbon dioxide emissions by around 4,200 metric tons.

Over the 11-year performance period, Virginia Tech expects to save more than $8.4m.

Construction began earlier this month and is due to be completed by February 2013.