Section 16a-14-302 - Eligibility(a) Cogeneration systems which meet the applicable operating and efficiency standards specified for "cogeneration facilities" is 18 CFR 292.205(a) and (b) pursuant to the Public Utility Regulatory Policies Act of 1978, are qualified cogeneration systems and as such are eligible for property tax exemption.(b) Eligibility for property tax exemption shall extend to equipment installed as a qualified cogeneration system. Equipment or materials which transfer electrical, mechanical, or thermal energy from the cogeneration system to the point at which the energy is used, and equipment or materials which use such energy, are not eligible. The land upon which a cogeneration system is located, and the building in which a cogeneration system is located, are not eligible.Conn. Agencies Regs. § 16a-14-302