I took delivery of some Favero Assioma SPD power meter pedals today and then fitted them to my CAAD5.
I adjusted the release tensions to where I think they need to be (fairly high, but not so high that I fear being unable to unclip in an emergency). Some tweaking might be needed after a test ride though.
I downloaded the Favero app to set up the power meter pedal. (The left one, the right being a matching but 'dumb' pedal.) The app immediately informed me that a firmware update was needed so I did that.
I paired the pedal to my Elemnt Bolt ready for a test ride later in the week. I am doing a 100 km singlespeed ride tomorrow so power pedal testing will have to wait a day or two.