diff --git a/homeassistant/components/tankerkoenig/coordinator.py b/homeassistant/components/tankerkoenig/coordinator.py
index f1f200a59642..c28ebf4aab2c 100644
--- a/homeassistant/components/tankerkoenig/coordinator.py
+++ b/homeassistant/components/tankerkoenig/coordinator.py
@@ -12,6 +12,7 @@
     TankerkoenigConnectionError,
     TankerkoenigError,
     TankerkoenigInvalidKeyError,
+    TankerkoenigRateLimitError,
 )
 
 from homeassistant.config_entries import ConfigEntry
@@ -19,7 +20,7 @@
 from homeassistant.core import HomeAssistant
 from homeassistant.exceptions import ConfigEntryAuthFailed, ConfigEntryNotReady
 from homeassistant.helpers.aiohttp_client import async_get_clientsession
-from homeassistant.helpers.update_coordinator import DataUpdateCoordinator
+from homeassistant.helpers.update_coordinator import DataUpdateCoordinator, UpdateFailed
 
 from .const import CONF_FUEL_TYPES, CONF_STATIONS
 
@@ -78,13 +79,22 @@ async def _async_update_data(self) -> dict[str, PriceInfo]:
         station_ids = list(self.stations)
 
         prices = {}
-
         # The API seems to only return at most 10 results, so split the list in chunks of 10
         # and merge it together.
         for index in range(ceil(len(station_ids) / 10)):
-            data = await self._tankerkoenig.prices(
-                station_ids[index * 10 : (index + 1) * 10]
-            )
+            try:
+                data = await self._tankerkoenig.prices(
+                    station_ids[index * 10 : (index + 1) * 10]
+                )
+            except TankerkoenigInvalidKeyError as err:
+                raise ConfigEntryAuthFailed(err) from err
+            except (TankerkoenigError, TankerkoenigConnectionError) as err:
+                if isinstance(err, TankerkoenigRateLimitError):
+                    _LOGGER.warning(
+                        "API rate limit reached, consider to increase polling interval"
+                    )
+                raise UpdateFailed(err) from err
+
             prices.update(data)
 
         return prices
diff --git a/homeassistant/components/tankerkoenig/manifest.json b/homeassistant/components/tankerkoenig/manifest.json
index adea5b964902..cac849b7bb56 100644
--- a/homeassistant/components/tankerkoenig/manifest.json
+++ b/homeassistant/components/tankerkoenig/manifest.json
@@ -6,5 +6,5 @@
   "documentation": "https://www.home-assistant.io/integrations/tankerkoenig",
   "iot_class": "cloud_polling",
   "loggers": ["aiotankerkoenig"],
-  "requirements": ["aiotankerkoenig==0.3.0"]
+  "requirements": ["aiotankerkoenig==0.4.0"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 707cc3c3f4ff..4163c4dc8575 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -383,7 +383,7 @@ aioswitcher==3.4.1
 aiosyncthing==0.5.1
 
 # homeassistant.components.tankerkoenig
-aiotankerkoenig==0.3.0
+aiotankerkoenig==0.4.0
 
 # homeassistant.components.tractive
 aiotractive==0.5.6
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 20ec493b543a..4ca8ecd1ad48 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -356,7 +356,7 @@ aioswitcher==3.4.1
 aiosyncthing==0.5.1
 
 # homeassistant.components.tankerkoenig
-aiotankerkoenig==0.3.0
+aiotankerkoenig==0.4.0
 
 # homeassistant.components.tractive
 aiotractive==0.5.6
diff --git a/tests/components/tankerkoenig/test_coordinator.py b/tests/components/tankerkoenig/test_coordinator.py
new file mode 100644
index 000000000000..650fa5a18ace
--- /dev/null
+++ b/tests/components/tankerkoenig/test_coordinator.py
@@ -0,0 +1,51 @@
+"""Tests for the Tankerkoening integration."""
+from __future__ import annotations
+
+from datetime import timedelta
+from unittest.mock import AsyncMock
+
+from aiotankerkoenig.exceptions import TankerkoenigRateLimitError
+import pytest
+
+from homeassistant.components.tankerkoenig.const import DEFAULT_SCAN_INTERVAL
+from homeassistant.config_entries import ConfigEntryState
+from homeassistant.const import STATE_UNAVAILABLE
+from homeassistant.core import HomeAssistant
+import homeassistant.util.dt as dt_util
+
+from tests.common import MockConfigEntry, async_fire_time_changed
+
+
+@pytest.mark.usefixtures("setup_integration")
+async def test_rate_limit(
+    hass: HomeAssistant,
+    config_entry: MockConfigEntry,
+    tankerkoenig: AsyncMock,
+    caplog: pytest.LogCaptureFixture,
+) -> None:
+    """Test detection of API rate limit."""
+    assert config_entry.state == ConfigEntryState.LOADED
+    state = hass.states.get("binary_sensor.station_somewhere_street_1_status")
+    assert state
+    assert state.state == "on"
+
+    tankerkoenig.prices.side_effect = TankerkoenigRateLimitError
+    async_fire_time_changed(
+        hass, dt_util.utcnow() + timedelta(minutes=DEFAULT_SCAN_INTERVAL)
+    )
+    await hass.async_block_till_done()
+    assert (
+        "API rate limit reached, consider to increase polling interval" in caplog.text
+    )
+    state = hass.states.get("binary_sensor.station_somewhere_street_1_status")
+    assert state
+    assert state.state == STATE_UNAVAILABLE
+
+    tankerkoenig.prices.side_effect = None
+    async_fire_time_changed(
+        hass, dt_util.utcnow() + timedelta(minutes=DEFAULT_SCAN_INTERVAL * 2)
+    )
+    await hass.async_block_till_done()
+    state = hass.states.get("binary_sensor.station_somewhere_street_1_status")
+    assert state
+    assert state.state == "on"