Board advances cost methodology review for rates
Belmont Light's board advanced its review of three cost-of-service methodologies that could reshape future rate design. Finance Manager Maria Makar-Limanov presented the approaches, with board members requesting updated analysis using the cost-causation approach, including solar customer impacts
Belmont Municipal Light Board · Meeting of July 9, 2026
Belmont Light's board advanced its review of three cost-of-service methodologies that could reshape future rate design. Finance Manager Maria Makar-Limanov presented the approaches, with board members requesting updated analysis using the cost-causation approach, including solar customer impacts and time-of-use scenarios. General Manager Craig Spinale reported the system's voltage conversion project has reached 50% completion with 3 MVA converted since July 2025, at an annual cost of $2.5 million; the dedicated $12 million fund has approximately $600K remaining.
The system also received American Public Power Association Smart Energy Provider designation with a score increase from 87 percent to 97 percent.
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Source: the Belmont Municipal Light Board meeting of July 9, 2026, compiled from the official minutes.
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