diff --git a/homeassistant/components/yeelight/manifest.json b/homeassistant/components/yeelight/manifest.json
index f734f092a1a..061d2b065c4 100644
--- a/homeassistant/components/yeelight/manifest.json
+++ b/homeassistant/components/yeelight/manifest.json
@@ -3,7 +3,7 @@
   "name": "Yeelight",
   "documentation": "https://www.home-assistant.io/components/yeelight",
   "requirements": [
-    "yeelight==0.4.4"
+    "yeelight==0.5.0"
   ],
   "dependencies": [],
   "codeowners": [
diff --git a/requirements_all.txt b/requirements_all.txt
index e8513fc0465..bf3e87afd2d 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1812,7 +1812,7 @@ yahooweather==0.10
 yalesmartalarmclient==0.1.6
 
 # homeassistant.components.yeelight
-yeelight==0.4.4
+yeelight==0.5.0
 
 # homeassistant.components.yeelightsunflower
 yeelightsunflower==0.0.10