🏛️ Issues and Advocacy Training
Courses › Western Grid Projects: CAISO, Markets, SWIP-N and Hemingway

Lesson 3 of 9 · about 17 minutes

EDAM, Markets+ and Which Way Idaho Went

You'll be able to

  • List the market status of Idaho Power, PacifiCorp, Avista and BPA as of October 2026
  • Explain what a day-ahead seam is and why it costs money
  • Trace how market savings or costs show up on an Idaho bill
  • Describe what an Idaho PUC review of a market decision could include

The power grid course explained the three Western markets in its lesson on who runs the grid: the real-time Western Energy Imbalance Market, CAISO's day-ahead EDAM, and SPP's competing Markets+. This lesson asks the Idaho question. Four organizations serve most Idaho customers. Each made a different choice, and each choice reaches a bill by a different road.

Where Idaho's utilities stand, October 2026

UtilityServes in IdahoReal-time (WEIM)Day-ahead choiceRegulator of the choice
Idaho PowerSouthern and southwest IdahoEntered 2018Listed as leaning toward EDAM since March 2024; no entry date listedCompany decides; Idaho PUC reviews costs; FERC approves tariffs
PacifiCorp (Rocky Mountain Power)Eastern IdahoEntered 2014Entered EDAM in 2026, its first non-California participantSix state commissions, including Idaho's, review its costs
AvistaNorth IdahoEntered 2022Not listed among EDAM participants or Markets+ phase two fundersIdaho and Washington commissions
Bonneville Power AdministrationWholesale supplier to many Idaho co-ops and city utilitiesEntered 2022Pursuing Markets+; its March 2026 proposal targets joining October 1, 2028BPA's own process; FERC reviews its rates

Entry years and EDAM status come from the Western Energy Markets participant pages; BPA's dates come from its own documents. The EDAM page lists other participants too: Portland General Electric entered in 2026, four California and New Mexico entities plan to enter in 2027, and NV Energy, PowerWatch (formerly BHE Montana) and Imperial Irrigation District plan to enter in 2028. SPP's Markets+ page lists eleven phase two funders as of October 27, 2025, including BPA, Arizona Public Service, Puget Sound Energy, Salt River Project, Tri-State and Xcel's Colorado utility.

Look at the map that makes. PacifiCorp's eastern Idaho territory and Idaho Power's southern Idaho territory touch. If Idaho Power joins EDAM, most of southern and eastern Idaho trades day-ahead in one market. BPA, whose lines carry power for much of north and east Idaho's public power, heads to the other one. The seam between EDAM and Markets+ would run through the Northwest.

Why a seam costs money

Inside one market, the operator's software schedules generation across the whole footprint at once. It can see that a cheap hour of hydro in Idaho should displace a gas unit in Utah and schedule both. Across a seam, two operators run two optimizations. Trades between them need extra scheduling steps, transmission reservations and price differences. Some trades that would have saved money don't happen. Each market's backers have studies estimating the savings of their own option. When someone quotes a number at a meeting, ask who paid for the study.

How market results reach an Idaho bill

No market operator sends an Idaho customer a bill. The money runs through three steps.

  1. The market settles with the utility. Idaho Power is paid for power it sells into the market and pays for power it buys, at market prices, every five minutes in the WEIM and by the hour day-ahead in EDAM.
  2. Those net costs land in the utility's power supply costs.
  3. Idaho Power's Power Cost Adjustment passes most of the change to customers. The PUC's 2026 PCA order describes 95 percent of the difference between actual and base power supply costs flowing to customers, up or down. The power grid course covers the PCA in How Your Power Bill Is Built.

Savings and costs from market participation also show up in general rate cases, where the commission resets base power costs, and in the costs of joining: software, staff, market fees. Those implementation costs go into rates only if the PUC finds them prudent.

Example: what a market saving is worth to one customer

The numbers here are invented to show the method. Real figures come from the quarterly benefits reports and the PCA filing.

  • Suppose a utility's reported market benefit is $20 million in a year.
  • Through a 95 percent PCA: $20,000,000 x 0.95 = $19,000,000 reaches customers.
  • With 650,000 customers: $19,000,000 / 650,000 = about $29.23 per customer per year, or about $2.44 a month.
  • But classes split it by usage. If residential customers carry 45 percent of energy costs and make up 85 percent of customers: residential share $19,000,000 x 0.45 = $8,550,000, over 552,500 homes (650,000 x 0.85) = about $15.48 a year per home.

Keep in mind that a benefit report counts savings against a modeled "what if we weren't in the market" case, which is an estimate. And the costs of joining, which might be several million dollars a year, come out of the same pot. Net benefit is the number that matters.

What the Idaho PUC can do

FERC approves market tariffs. The utility decides whether to join. So what is left for Idaho?

More than it looks. The PUC decides whether the costs of joining go into rates, whether the utility managed its market participation prudently, and how benefits are credited to customers. In practice, a utility planning a major market move files a case or an update with its commission, and parties can intervene. Nevada's commission reviewed NV Energy's EDAM plan before approving it, according to trade press cited in Jeff Pierson's Feeding the Beast No. 4. As of October 2026 the market operator still lists Idaho Power only as leaning toward EDAM, so the Idaho version of that review is still ahead.

The Idaho Legislature has also spoken. House Concurrent Resolution 32, adopted by both chambers in March 2026 with Rep. David Leavitt as House floor sponsor, says Idaho "participates in interstate energy markets and benefits at times from cost-effective imported power." It also says transmission projects built in Idaho "must demonstrate a clear, measurable, and durable net benefit to Idaho ratepayers." A concurrent resolution states the Legislature's position. It does not change the law the PUC applies, though it names PUC cost recovery proceedings as a place the standard is meant to guide.

Feeding the Beast No. 4 argues the PUC should attach conditions to any Idaho Power EDAM authorization: participation contingent on ROWE actually gaining independent authority by a set date, written exit triggers, and an annual audited Idaho accounting of market costs and benefits. Supporters of joining answer that participation is voluntary and a utility can withdraw, so the right to leave is the protection, and that delay forfeits savings other utilities are already collecting. Both points can be tested in a docket, which is why the filing, when it comes, matters.

Dates worth having: BPA joined CAISO's Western Energy Imbalance Market on May 3, 2022, then chose SPP's Markets+ over CAISO's day-ahead market on May 9, 2025. Idaho Power said on March 21, 2024 it was "leaning towards" EDAM, which launched May 1, 2026.

Common mix-ups

  • Claim: Idaho Power joined EDAM in 2026. What the evidence shows: PacifiCorp did. Idaho Power is listed as leaning toward EDAM since March 2024 with no entry date.
  • Claim: BPA's choice doesn't affect Idaho. What the evidence shows: Many Idaho co-ops and city utilities buy BPA power and use BPA transmission. BPA's market costs and benefits flow into its rates.
  • Claim: Market savings go to shareholders. What the evidence shows: For Idaho Power, power supply cost changes flow mostly to customers through the 95 percent PCA. The 5 percent share is meant as an incentive.

Reporting angle

  • Search the Idaho PUC case list for any Idaho Power filing on EDAM participation, implementation costs or market tariffs. Check Idaho Power's annual PCA filing for a line on market benefits.
  • Ask Idaho Power for its EDAM decision timeline and what it would cost to join, in dollars per year.
  • For a co-op or city utility, ask the board what BPA's Markets+ move is projected to do to wholesale rates, and request the board minutes where it was discussed under Idaho Code 74-102.
  • Read each quarterly benefits report and pull the Idaho Power and PacifiCorp lines. Compare them to what the PCA filing credits customers.
  • Numbers to check: net market benefit, implementation cost, the PCA sharing percentage, and the residential share of power supply costs.

Research angle

Check yourself

1. As of October 2026, what is Idaho Power's status with CAISO's Extended Day-Ahead Market?

2. Which utility that serves eastern Idaho entered EDAM when it launched in 2026?

3. SPP's Markets+ targets go-live in which month?

4. Under Idaho Power's Power Cost Adjustment, roughly what share of the difference between actual and base power supply costs passes to customers?

5. In the hypothetical, a utility's market savings are $20 million a year, 95 percent flows through the PCA, and it has 650,000 customers. About how much per customer per year?

Terms in this lesson

EDAM
CAISO's Extended Day-Ahead Market, live since May 1, 2026, which schedules next-day energy across participating balancing areas.
Markets+
Southwest Power Pool's competing day-ahead and real-time market for the West, targeting October 2027.
Seam
The boundary between two markets, where trades need extra scheduling and pricing steps and value can be lost.
Resource sufficiency test
A market check that each participant brings enough supply for its own load before trading, so one member cannot lean on others.
Power Cost Adjustment (PCA)
Idaho Power's annual true-up that passes most changes in fuel and purchased power costs, including market results, to customers.

Full glossary

Sources