Vee Belts if correctly aligned will last years
first option is belt dressing spray – prevents / reduces slippage and therefore running temp
second option check Tension – google for the correct deflection distance
if the above are good and good alignment then the only heat generated is as the belt is creating slight friction as it goes around the pulley's, they are designed for this
Easiest way to check for alignment is either a straight edge or piece of string
to use the string simply rotate by hand 1 pulley trapping the string under it, rotate to a mid point and now pull the string tight across the other pulley, look at the faces (edges of the pulleys and adjust until the string when pulled across both pulley's touches across both at the same time
Trevor