diff --git a/charts/stable/esphome/Chart.yaml b/charts/stable/esphome/Chart.yaml
index 8731b4e0edd..966debbb0cd 100644
--- a/charts/stable/esphome/Chart.yaml
+++ b/charts/stable/esphome/Chart.yaml
@@ -1,5 +1,5 @@
 apiVersion: v2
-appVersion: "2023.5.1"
+appVersion: "2023.5.4"
 dependencies:
   - name: common
     repository: https://library-charts.truecharts.org
@@ -20,7 +20,7 @@ sources:
   - https://github.com/truecharts/charts/tree/master/charts/stable/esphome
   - https://github.com/esphome/esphome
 type: application
-version: 14.0.19
+version: 14.0.20
 annotations:
   truecharts.org/catagories: |
     - tools
diff --git a/charts/stable/esphome/values.yaml b/charts/stable/esphome/values.yaml
index fa57e35f325..0c438cced55 100644
--- a/charts/stable/esphome/values.yaml
+++ b/charts/stable/esphome/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: tccr.io/truecharts/esphome
   pullPolicy: IfNotPresent
-  tag: v2023.5.1@sha256:ae93ead87702b0b0d8185fc49856fe5ba763f9533d5a6883b7836c5563413bff
+  tag: v2023.5.4@sha256:9be521b99178006a84d6f09917f6d6a6df0d3f79ee674e6b9c6e25a06b272b85
 
 securityContext:
   container: