Belmont Municipal Light Board

Belmont Light maintains A+ rating amid winter cost pressures. General Manager Craig Spinale reported to Chair Andrew Machado, Vice Chair David Beavers, and Member Steve Klionsky that S&P Global sustained the department's A+ credit rating with stable outlook, though the rating agency flagged

Belmont Municipal Light Board approves $650K voluntary payment to town. Chair Andrew Machado led the Board in unanimously approving the transfer from operating reserves to the town's General Revenue Fund. Finance Manager Maria Makar-Limanov presented preliminary 2025 year-end results showing income

Belmont Municipal Light Board pursues formal agreement on $5.5M incinerator site cap. The board reached consensus on seeking legal counsel and negotiating a Memorandum of Understanding with town administration to address the ash-pile cap at the former incinerator site, exceeding current available

The Belmont Municipal Light Board approved prior minutes and received briefings on utility infrastructure and planning tools. General Manager Craig Spinale announced that the Clean Energy Connect transmission line from Canada is now operational, providing 1.2 gigawatts of hydropower. The board

Belmont Municipal Light Board approves 5.3 percent rate increase and doubles conservation charge. The board voted 4-0 to approve the adjustment, effective March 1, 2026, driven by transmission costs that have risen 106 percent over the past decade and 50 percent since 2023. Energy Resource Manager