$45M Substation Sale In A Bind As Town Assess Eversource’s Tax Motives

Photo: The new electrical substation, not yet Eversources The largest financial transaction in the Town of Belmont’s history is on tenterhooks as a last-minute dispute over a powerful regional utility’s attempt to limit its exposure to municipal taxes has town officials demanding changes to the already signed sales agreement. With only four days left to […]

New Electrical Substation, Transmission On Line for Spring 2016 Launch

After listening to Belmont Light General Manager James Palmer at public meeting Tuesday, Sept. 23, the best way to described the work to bring on line a new electrical substation and laying out a transmission route through town is “hunky-dory.” Since being approved by Special Town Meeting in Feb. 2012, the town-owned electric utility proposal […]