diff --git a/setup.py b/setup.py
index 996ee72c93a553f3431d9e0cbe614cbaf5a17e94..31983bbd1cc1edb9f1251a5d769a57628c0cddc3 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@ from setuptools import find_packages, setup
 
 setup(
     name='netbox-rps-plugin',
-    version='0.1.0',
+    version='0.5.0',
     description='A Netbox plugin to add RPS resources',
     install_requires=[],
     packages=find_packages('./src'),