diff --git a/homeassistant/components/recorder/migration.py b/homeassistant/components/recorder/migration.py
index 211e1646cca..4a5c456df28 100644
--- a/homeassistant/components/recorder/migration.py
+++ b/homeassistant/components/recorder/migration.py
@@ -351,7 +351,7 @@ def _drop_foreign_key_constraints(connection, engine, table, columns):
             )
 
 
-def _apply_update(engine, session, new_version, old_version):
+def _apply_update(engine, session, new_version, old_version):  # noqa: C901
     """Perform operations to bring schema up to date."""
     connection = session.connection()
     if new_version == 1:
@@ -486,6 +486,21 @@ def _apply_update(engine, session, new_version, old_version):
         start = now.replace(minute=0, second=0, microsecond=0)
         start = start - timedelta(hours=1)
         session.add(StatisticsRuns(start=start))
+    elif new_version == 20:
+        # This changed the precision of statistics from float to double
+        if engine.dialect.name in ["mysql", "oracle", "postgresql"]:
+            _modify_columns(
+                connection,
+                engine,
+                "statistics",
+                [
+                    "mean DOUBLE PRECISION",
+                    "min DOUBLE PRECISION",
+                    "max DOUBLE PRECISION",
+                    "state DOUBLE PRECISION",
+                    "sum DOUBLE PRECISION",
+                ],
+            )
     else:
         raise ValueError(f"No schema migration defined for version {new_version}")
 
diff --git a/homeassistant/components/recorder/models.py b/homeassistant/components/recorder/models.py
index 1c56e9c8f79..6c532e92292 100644
--- a/homeassistant/components/recorder/models.py
+++ b/homeassistant/components/recorder/models.py
@@ -19,7 +19,7 @@ from sqlalchemy import (
     Text,
     distinct,
 )
-from sqlalchemy.dialects import mysql
+from sqlalchemy.dialects import mysql, oracle, postgresql
 from sqlalchemy.orm import declarative_base, relationship
 from sqlalchemy.orm.session import Session
 
@@ -39,7 +39,7 @@ import homeassistant.util.dt as dt_util
 # pylint: disable=invalid-name
 Base = declarative_base()
 
-SCHEMA_VERSION = 19
+SCHEMA_VERSION = 20
 
 _LOGGER = logging.getLogger(__name__)
 
@@ -66,6 +66,12 @@ ALL_TABLES = [
 DATETIME_TYPE = DateTime(timezone=True).with_variant(
     mysql.DATETIME(timezone=True, fsp=6), "mysql"
 )
+DOUBLE_TYPE = (
+    Float()
+    .with_variant(mysql.DOUBLE(asdecimal=False), "mysql")
+    .with_variant(oracle.DOUBLE_PRECISION(), "oracle")
+    .with_variant(postgresql.DOUBLE_PRECISION, "postgresql")
+)
 
 
 class Events(Base):  # type: ignore
@@ -240,11 +246,11 @@ class Statistics(Base):  # type: ignore
         index=True,
     )
     start = Column(DATETIME_TYPE, index=True)
-    mean = Column(Float())
-    min = Column(Float())
-    max = Column(Float())
-    state = Column(Float())
-    sum = Column(Float())
+    mean = Column(DOUBLE_TYPE)
+    min = Column(DOUBLE_TYPE)
+    max = Column(DOUBLE_TYPE)
+    state = Column(DOUBLE_TYPE)
+    sum = Column(DOUBLE_TYPE)
 
     @staticmethod
     def from_stats(metadata_id: str, start: datetime, stats: StatisticData):
diff --git a/homeassistant/components/sensor/recorder.py b/homeassistant/components/sensor/recorder.py
index 2cbca09c09d..8722fef0e99 100644
--- a/homeassistant/components/sensor/recorder.py
+++ b/homeassistant/components/sensor/recorder.py
@@ -293,10 +293,21 @@ def compile_statistics(
                 reset = False
                 if old_state is None:
                     reset = True
+                    _LOGGER.info(
+                        "Compiling initial sum statistics for %s, zero point set to %s",
+                        entity_id,
+                        fstate,
+                    )
                 elif state_class == STATE_CLASS_TOTAL_INCREASING and (
                     old_state is None or (new_state is not None and fstate < new_state)
                 ):
                     reset = True
+                    _LOGGER.info(
+                        "Detected new cycle for %s, zero point set to %s (old zero point %s)",
+                        entity_id,
+                        fstate,
+                        new_state,
+                    )
 
                 if reset:
                     # The sensor has been reset, update the sum