diff --git a/homeassistant/components/waterfurnace.py b/homeassistant/components/waterfurnace.py
index 18e6cff020c..346bdcdfb97 100644
--- a/homeassistant/components/waterfurnace.py
+++ b/homeassistant/components/waterfurnace.py
@@ -18,7 +18,7 @@ from homeassistant.core import callback
 from homeassistant.helpers import config_validation as cv
 from homeassistant.helpers import discovery
 
-REQUIREMENTS = ["waterfurnace==0.2.0"]
+REQUIREMENTS = ["waterfurnace==0.3.0"]
 
 _LOGGER = logging.getLogger(__name__)
 
diff --git a/requirements_all.txt b/requirements_all.txt
index 5fed4f46ad5..09f83cda77c 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1200,7 +1200,7 @@ waqiasync==1.0.0
 warrant==0.6.1
 
 # homeassistant.components.waterfurnace
-waterfurnace==0.2.0
+waterfurnace==0.3.0
 
 # homeassistant.components.media_player.gpmdp
 websocket-client==0.37.0