If your belt and deck are worn or need lubricant, it can slow down the motor increasing the amps. More amps is more heat. Run the treadmill longer than you walk without walking on it. If the speed stays constant with no one on it and doesn't blow a fuse in the time it normally would, then your belt and deck are worn or need lube.
You can try a test with napa auto parts silicone model 8300
There are better lubes but this one is easy to get and is recommended by other treadmill manufactures.
If you need more help
See my video on treadmill maintenance at www.mindbites.com/person/214-Mark
You can get my e-mail there also.
Mark Peterson
April 2008