A system and a method for monitoring a belt to predict a lifespan for the belt are described. An indicator of belt speed and an indicator of torque from a motor for driving the belt can be determined for a first time interval. A belt service value can be determined for the first time interval based upon the indicators of belt speed and torque from the motor. The belt service value can indicate a deviation from one or more reference belt speeds and torques from the motor. An effective service interval can be determined for the operation of the belt during the first time interval, based upon the belt service value. An indicator of a remaining operational lifespan for the belt can then be determined, based upon the effective service interval.