diff --git a/esphomeyaml/config.py b/esphomeyaml/config.py
index e2f9ddac44..c7289492e0 100644
--- a/esphomeyaml/config.py
+++ b/esphomeyaml/config.py
@@ -17,7 +17,7 @@ from esphomeyaml.helpers import App, add, color
 
 _LOGGER = logging.getLogger(__name__)
 
-DEFAULT_LIBRARY_URI = u'https://github.com/OttoWinter/esphomelib.git#v1.4.0'
+DEFAULT_LIBRARY_URI = u'https://github.com/OttoWinter/esphomelib.git#v1.5.0'
 
 CORE_SCHEMA = vol.Schema({
     vol.Required(CONF_NAME): cv.valid_name,
diff --git a/esphomeyaml/const.py b/esphomeyaml/const.py
index e4b6ed9fd9..ef8001435e 100644
--- a/esphomeyaml/const.py
+++ b/esphomeyaml/const.py
@@ -1,7 +1,7 @@
 """Constants used by esphomeyaml."""
 
 MAJOR_VERSION = 1
-MINOR_VERSION = 4
+MINOR_VERSION = 5
 PATCH_VERSION = '0'
 __short_version__ = '{}.{}'.format(MAJOR_VERSION, MINOR_VERSION)
 __version__ = '{}.{}'.format(__short_version__, PATCH_VERSION)