diff --git a/charts/timescaledb-single/Chart.yaml b/charts/timescaledb-single/Chart.yaml
index 84e86776..6214f604 100644
--- a/charts/timescaledb-single/Chart.yaml
+++ b/charts/timescaledb-single/Chart.yaml
@@ -4,7 +4,7 @@
 apiVersion: v1
 name: timescaledb-single
 description: 'TimescaleDB HA Deployment.'
-version: 0.33.2
+version: 0.34.0
 icon: https://cdn.iconscout.com/icon/free/png-256/timescaledb-1958407-1651618.png
 
 # appVersion specifies the version of the software, which can vary wildly,
diff --git a/charts/timescaledb-single/docs/admin-guide.md b/charts/timescaledb-single/docs/admin-guide.md
index fb0c228f..02b5611c 100644
--- a/charts/timescaledb-single/docs/admin-guide.md
+++ b/charts/timescaledb-single/docs/admin-guide.md
@@ -35,7 +35,7 @@ The following table lists the configurable parameters of the TimescaleDB Helm ch
 | `fullnameOverride`                | Override the fullname of the chart          | `nil`                                               |
 | `image.pullPolicy`                | The pull policy                             | `IfNotPresent`                                      |
 | `image.repository`                | The image to pull                           | `timescale/timescaledb-ha`                       |
-| `image.tag`                       | The version of the image to pull            | `pg13-ts2.1-latest`
+| `image.tag`                       | The version of the image to pull            | `pg14.8-ts2.11.1`                                |
 | `service.primary.type`        | The service type to use for the primary service | `ClusterIP`                          |
 | `service.primary.port`        | The service port to use for the primary service | `5432`                               |
 | `service.primary.nodePort`    | The service nodePort to use for the primary service when `type` is `NodePort` | `null` |
diff --git a/charts/timescaledb-single/values.yaml b/charts/timescaledb-single/values.yaml
index 00296895..f6cafc37 100644
--- a/charts/timescaledb-single/values.yaml
+++ b/charts/timescaledb-single/values.yaml
@@ -20,7 +20,7 @@ image:
   # Image was built from
   # https://github.com/timescale/timescaledb-docker-ha
   repository: timescale/timescaledb-ha
-  tag: pg14.6-ts2.9.1-p1
+  tag: pg14.8-ts2.11.1
   pullPolicy: Always
 
 # There are job and cronjob resources that run during updates or backups that use curl image