diff --git a/charts/pyrra/Chart.yaml b/charts/pyrra/Chart.yaml
index 9733c6c36..b0d78511a 100644
--- a/charts/pyrra/Chart.yaml
+++ b/charts/pyrra/Chart.yaml
@@ -22,4 +22,4 @@ version: 0.13.3
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: v0.7.7
+appVersion: v0.8.0
diff --git a/charts/pyrra/README.md b/charts/pyrra/README.md
index 82bf10c8a..2cf0a5708 100644
--- a/charts/pyrra/README.md
+++ b/charts/pyrra/README.md
@@ -1,6 +1,6 @@
 # pyrra
 
-![Version: 0.13.3](https://img.shields.io/badge/Version-0.13.3-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v0.7.7](https://img.shields.io/badge/AppVersion-v0.7.7-informational?style=flat-square)
+![Version: 0.13.3](https://img.shields.io/badge/Version-0.13.3-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: v0.8.0](https://img.shields.io/badge/AppVersion-v0.8.0-informational?style=flat-square)
 
 SLO manager and alert generator
 
@@ -50,6 +50,7 @@ The dashboards can be deployed using a ConfigMap and get's automatically [reload
 | prometheusExternalUrl | string | `""` | url to public-facing prometheus UI in case it differs from prometheusUrl |
 | prometheusRule.enabled | bool | `false` | enables creation of PrometheusRules to monitor Pyrra |
 | prometheusRule.labels | object | `{}` | Set labels that will be applied on all PrometheusRules (alerts) |
+| prometheusRule.pyrraReconciliationError.severity | string | `"warning"` | Set severity for PyrraReconciliationError alert |
 | prometheusUrl | string | `"http://prometheus-operated.monitoring.svc.cluster.local:9090"` | url to prometheus instance with metrics |
 | resources | object | `{}` | resource limits and requests for server pod |
 | securityContext | object | `{}` | additional security context for server |
@@ -61,8 +62,12 @@ The dashboards can be deployed using a ConfigMap and get's automatically [reload
 | serviceAccount.annotations | object | `{}` | Annotations to add to the service account |
 | serviceAccount.create | bool | `true` | Specifies whether a service account should be created |
 | serviceAccount.name | string | `""` | If not set and create is true, a name is generated using the fullname template |
-| serviceMonitor.enabled | bool | `false` | enables servicemonitor for server monitoring |
+| serviceMonitor.enabled | bool | `true` | enables servicemonitor for server monitoring |
+| serviceMonitor.interval | string | `""` | Set interval for scraping metrics |
+| serviceMonitor.jobLabel | string | `""` | provides the possibility to override the jobName if needed |
 | serviceMonitor.labels | object | `{}` | Set labels for the ServiceMonitor, use this to define your scrape label for Prometheus Operator |
+| serviceMonitor.metricRelabelings | list | `[]` | Set metric relabelings for the ServiceMonitor |
+| serviceMonitor.relabelings | list | `[]` | Set relabelings for the ServiceMonitor |
 | tolerations | object | `{}` | tolerations for scheduling server pod |
 | validatingWebhookConfiguration.enabled | bool | `false` | enables admission webhook for server to validate SLOs, this requires cert-manager to be installed |
 
diff --git a/charts/pyrra/templates/prometheusrule.yaml b/charts/pyrra/templates/prometheusrule.yaml
index a7f0434b2..0599a5f0d 100644
--- a/charts/pyrra/templates/prometheusrule.yaml
+++ b/charts/pyrra/templates/prometheusrule.yaml
@@ -1,4 +1,4 @@
-{{ if .Values.prometheusRule.enabled }}
+{{- if .Values.prometheusRule.enabled }}
 apiVersion: monitoring.coreos.com/v1
 kind: PrometheusRule
 metadata:
@@ -16,7 +16,7 @@ spec:
           expr: sum by (job) (rate(controller_runtime_reconcile_errors_total{controller="servicelevelobjective"}[20m])) > 0
           for: 1m
           labels:
-            severity: error
+            severity: {{ .Values.prometheusRule.pyrraReconciliationError.severity }}
             {{- if .Values.prometheusRule.labels }}
             {{- toYaml .Values.prometheusRule.labels | nindent 12 }}
             {{- end }}
diff --git a/charts/pyrra/templates/servicemonitor.yaml b/charts/pyrra/templates/servicemonitor.yaml
index 3b3e2d543..59d5612d4 100644
--- a/charts/pyrra/templates/servicemonitor.yaml
+++ b/charts/pyrra/templates/servicemonitor.yaml
@@ -23,11 +23,11 @@ spec:
     {{- end }}
     {{- if .Values.serviceMonitor.metricRelabelings }}
     metricRelabelings:
-    {{ toYaml .Values.serviceMonitor.metricRelabelings | indent 4 }}
+    {{- toYaml .Values.serviceMonitor.metricRelabelings | nindent 6 }}
     {{- end }}
     {{- if .Values.serviceMonitor.relabelings }}
     relabelings:
-    {{ toYaml .Values.serviceMonitor.relabelings | indent 4 }}
+    {{- toYaml .Values.serviceMonitor.relabelings | nindent 6 }}
     {{- end }}
   - port: op-metrics
     {{- if .Values.serviceMonitor.interval }}
@@ -35,10 +35,10 @@ spec:
     {{- end }}
     {{- if .Values.serviceMonitor.metricRelabelings }}
     metricRelabelings:
-    {{ toYaml .Values.serviceMonitor.metricRelabelings | indent 4 }}
+    {{- toYaml .Values.serviceMonitor.metricRelabelings | nindent 6 }}
     {{- end }}
     {{- if .Values.serviceMonitor.relabelings }}
     relabelings:
-    {{ toYaml .Values.serviceMonitor.relabelings | indent 4 }}
+    {{- toYaml .Values.serviceMonitor.relabelings | nindent 6 }}
     {{- end }}
 {{- end }}
diff --git a/charts/pyrra/values.yaml b/charts/pyrra/values.yaml
index b87489227..5c8792221 100644
--- a/charts/pyrra/values.yaml
+++ b/charts/pyrra/values.yaml
@@ -97,17 +97,26 @@ tolerations: {}
 
 serviceMonitor:
   # -- enables servicemonitor for server monitoring
-  enabled: false
+  enabled: true
   # -- Set labels for the ServiceMonitor, use this to define your scrape label for Prometheus Operator
   labels: {}
   # -- provides the possibility to override the jobName if needed
-  # jobLabel: fancy-pyrra-server
+  jobLabel: ""
+  # -- Set interval for scraping metrics
+  interval: ""
+  # -- Set metric relabelings for the ServiceMonitor
+  metricRelabelings: []
+  # -- Set relabelings for the ServiceMonitor
+  relabelings: []
 
 prometheusRule:
   # -- enables creation of PrometheusRules to monitor Pyrra
   enabled: false
   # -- Set labels that will be applied on all PrometheusRules (alerts)
   labels: {}
+  pyrraReconciliationError:
+    # -- Set severity for PyrraReconciliationError alert
+    severity: warning
 
 genericRules:
   # -- enables generate Pyrra generic recording rules. Pyrra generates metrics with the same name for each SLO.