diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index f9840c6..0b87612 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.4.3
+current_version = 0.5.0
 tag = True
 commit = True
 
diff --git a/custom_components/midea_dehumidifier_lan/const.py b/custom_components/midea_dehumidifier_lan/const.py
index c3455d7..cfaabbc 100644
--- a/custom_components/midea_dehumidifier_lan/const.py
+++ b/custom_components/midea_dehumidifier_lan/const.py
@@ -6,7 +6,7 @@
 from homeassistant.const import Platform
 from midea_beautiful_dehumidifier.midea import SUPPORTED_APPS
 
-__version__ = "0.4.3"
+__version__ = "0.5.0"
 
 # Base component constants
 NAME: Final = "Midea Dehumidifier (LAN)"
diff --git a/custom_components/midea_dehumidifier_lan/manifest.json b/custom_components/midea_dehumidifier_lan/manifest.json
index 34a9b48..173eb13 100644
--- a/custom_components/midea_dehumidifier_lan/manifest.json
+++ b/custom_components/midea_dehumidifier_lan/manifest.json
@@ -1,7 +1,7 @@
 {
   "domain": "midea_dehumidifier_lan",
   "name": "Midea Dehumidifier (LAN)",
-  "version": "0.4.3",
+  "version": "0.5.0",
   "config_flow": true,
   "documentation": "https://github.com/nbogojevic/homeassistant-midea-dehumidifier-lan/blob/main/README.md",
   "issue_tracker": "https://github.com/nbogojevic/homeassistant-midea-dehumidifier-lan/issues",
diff --git a/hacs.json b/hacs.json
index 7268066..a30849c 100644
--- a/hacs.json
+++ b/hacs.json
@@ -1,6 +1,6 @@
 {
   "name": "Midea Dehumidifier (LAN)",
-  "version": "0.4.3",
+  "version": "0.5.0",
   "domains": [
     "binary_sensor",
     "humidifier",