diff --git a/homeassistant/components/tibber/coordinator.py b/homeassistant/components/tibber/coordinator.py
index 84fac8237c06..39fca55238cf 100644
--- a/homeassistant/components/tibber/coordinator.py
+++ b/homeassistant/components/tibber/coordinator.py
@@ -250,6 +250,12 @@ class TibberDataAPICoordinator(DataUpdateCoordinator[dict[str, TibberDevice]]):
     async def _async_update_data(self) -> dict[str, TibberDevice]:
         """Fetch the latest device capabilities from the Tibber Data API."""
         client = await self._async_get_client()
-        devices: dict[str, TibberDevice] = await client.update_devices()
+        try:
+            devices: dict[str, TibberDevice] = await client.update_devices()
+        except tibber.exceptions.RateLimitExceededError as err:
+            raise UpdateFailed(
+                f"Rate limit exceeded, retry after {err.retry_after} seconds",
+                retry_after=err.retry_after,
+            ) from err
         self._build_sensor_lookup(devices)
         return devices
diff --git a/homeassistant/components/tibber/manifest.json b/homeassistant/components/tibber/manifest.json
index 9388d413c04a..127cc878bdc9 100644
--- a/homeassistant/components/tibber/manifest.json
+++ b/homeassistant/components/tibber/manifest.json
@@ -7,5 +7,5 @@
   "documentation": "https://www.home-assistant.io/integrations/tibber",
   "iot_class": "cloud_polling",
   "loggers": ["tibber"],
-  "requirements": ["pyTibber==0.34.1"]
+  "requirements": ["pyTibber==0.34.4"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 7998e0c60c17..e39a0b188e7f 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1867,7 +1867,7 @@ pyRFXtrx==0.31.1
 pySDCP==1
 
 # homeassistant.components.tibber
-pyTibber==0.34.1
+pyTibber==0.34.4
 
 # homeassistant.components.dlink
 pyW215==0.8.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index e19191dce29f..032fd4786b0c 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -1595,7 +1595,7 @@ pyHomee==1.3.8
 pyRFXtrx==0.31.1
 
 # homeassistant.components.tibber
-pyTibber==0.34.1
+pyTibber==0.34.4
 
 # homeassistant.components.dlink
 pyW215==0.8.0