Light Board Directs Continued Analysis of Rate and Battery Studies
Belmont's light board directed continued analysis of cost-of-service rate methodology and battery storage options.
Belmont's light board directed continued analysis of cost-of-service rate methodology and battery storage options.
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
The Belmont Municipal Light Board approved prior meeting minutes and heard a first-quarter 2026 financial update during a June 11 hybrid session at the Belmont Light Conference Room. The board agenda included discussion of a time-of-use pilot program and its potential conversion to full rate
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
Get Belmont's town government news by email, free. One briefing each morning.
Check your email to confirm. One tap and you are in.
Something went wrong. Please try again.