diff --git a/esphome/const.py b/esphome/const.py
index 24a3573fea..8ab739768f 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -1,7 +1,7 @@
 """Constants used by esphome."""
 
 MAJOR_VERSION = 1
-MINOR_VERSION = 16
+MINOR_VERSION = 17
 PATCH_VERSION = '0-dev'
 __short_version__ = f'{MAJOR_VERSION}.{MINOR_VERSION}'
 __version__ = f'{__short_version__}.{PATCH_VERSION}'