diff --git a/homeassistant/components/python_script/__init__.py b/homeassistant/components/python_script/__init__.py
index 7b49a6b1b0d..86982cb428f 100644
--- a/homeassistant/components/python_script/__init__.py
+++ b/homeassistant/components/python_script/__init__.py
@@ -27,6 +27,7 @@ from homeassistant.core import (
     SupportsResponse,
 )
 from homeassistant.exceptions import HomeAssistantError, ServiceValidationError
+from homeassistant.helpers import issue_registry as ir
 from homeassistant.helpers.service import async_set_service_schema
 from homeassistant.helpers.typing import ConfigType
 from homeassistant.loader import bind_hass
@@ -249,6 +250,16 @@ def execute(hass, filename, source, data=None, return_response=False):
         if return_response:
             raise ServiceValidationError(f"Error executing script: {err}") from err
         logger.error("Error executing script: %s", err)
+        ir.create_issue(
+            hass,
+            DOMAIN,
+            filename,
+            breaks_in_ha_version="2024.4.0",
+            is_fixable=False,
+            severity=ir.IssueSeverity.ERROR,
+            translation_key="script_continue_on_error",
+            translation_placeholders={"script_name": filename.replace(".py", "")},
+        )
         return None
     except Exception as err:  # pylint: disable=broad-except
         if return_response:
@@ -256,6 +267,16 @@ def execute(hass, filename, source, data=None, return_response=False):
                 f"Error executing script ({type(err).__name__}): {err}"
             ) from err
         logger.exception("Error executing script: %s", err)
+        ir.create_issue(
+            hass,
+            DOMAIN,
+            filename,
+            breaks_in_ha_version="2024.4.0",
+            is_fixable=False,
+            severity=ir.IssueSeverity.ERROR,
+            translation_key="script_continue_on_error",
+            translation_placeholders={"script_name": filename.replace(".py", "")},
+        )
         return None
 
     return restricted_globals["output"]
diff --git a/homeassistant/components/python_script/strings.json b/homeassistant/components/python_script/strings.json
index ccf1b33c767..06217784be3 100644
--- a/homeassistant/components/python_script/strings.json
+++ b/homeassistant/components/python_script/strings.json
@@ -4,5 +4,11 @@
       "name": "[%key:common::action::reload%]",
       "description": "Reloads all available Python scripts."
     }
+  },
+  "issues": {
+    "script_continue_on_error": {
+      "title": "'python_script.{script_name}' logs errors and continues",
+      "description": "The `python_script` integration will change to raise script errors instead of logging them.\n\nThis will **stop** automations/scripts if `continue_on_error` is not set ([docs](https://www.home-assistant.io/docs/scripts/#continuing-on-error)).\n\nTo enable the new behavior, add a `response_variable` ([docs](https://www.home-assistant.io/docs/scripts/service-calls/#use-templates-to-handle-response-data)) to your service call."
+    }
   }
 }
diff --git a/tests/components/python_script/test_init.py b/tests/components/python_script/test_init.py
index ee7fedee0d5..5237a4fcfc4 100644
--- a/tests/components/python_script/test_init.py
+++ b/tests/components/python_script/test_init.py
@@ -7,6 +7,7 @@ import pytest
 from homeassistant.components.python_script import DOMAIN, FOLDER, execute
 from homeassistant.core import HomeAssistant
 from homeassistant.exceptions import HomeAssistantError, ServiceValidationError
+from homeassistant.helpers import issue_registry as ir
 from homeassistant.helpers.service import async_get_all_descriptions
 from homeassistant.setup import async_setup_component
 
@@ -123,7 +124,9 @@ this is not valid Python
 
 
 async def test_execute_runtime_error(
-    hass: HomeAssistant, caplog: pytest.LogCaptureFixture
+    hass: HomeAssistant,
+    caplog: pytest.LogCaptureFixture,
+    issue_registry: ir.IssueRegistry,
 ) -> None:
     """Test compile error logs error."""
     caplog.set_level(logging.ERROR)
@@ -135,9 +138,12 @@ raise Exception('boom')
     await hass.async_block_till_done()
 
     assert "Error executing script: boom" in caplog.text
+    assert len(issue_registry.issues) == 1
 
 
-async def test_execute_runtime_error_with_response(hass: HomeAssistant) -> None:
+async def test_execute_runtime_error_with_response(
+    hass: HomeAssistant, issue_registry: ir.IssueRegistry
+) -> None:
     """Test compile error logs error."""
     source = """
 raise Exception('boom')
@@ -148,10 +154,13 @@ raise Exception('boom')
 
     assert type(task.exception()) == HomeAssistantError
     assert "Error executing script (Exception): boom" in str(task.exception())
+    assert len(issue_registry.issues) == 0
 
 
 async def test_accessing_async_methods(
-    hass: HomeAssistant, caplog: pytest.LogCaptureFixture
+    hass: HomeAssistant,
+    caplog: pytest.LogCaptureFixture,
+    issue_registry: ir.IssueRegistry,
 ) -> None:
     """Test compile error logs error."""
     caplog.set_level(logging.ERROR)
@@ -163,9 +172,12 @@ hass.async_stop()
     await hass.async_block_till_done()
 
     assert "Not allowed to access async methods" in caplog.text
+    assert len(issue_registry.issues) == 1
 
 
-async def test_accessing_async_methods_with_response(hass: HomeAssistant) -> None:
+async def test_accessing_async_methods_with_response(
+    hass: HomeAssistant, issue_registry: ir.IssueRegistry
+) -> None:
     """Test compile error logs error."""
     source = """
 hass.async_stop()
@@ -176,6 +188,7 @@ hass.async_stop()
 
     assert type(task.exception()) == ServiceValidationError
     assert "Not allowed to access async methods" in str(task.exception())
+    assert len(issue_registry.issues) == 0
 
 
 async def test_using_complex_structures(
@@ -196,7 +209,9 @@ logger.info('Logging from inside script: %s %s' % (mydict["a"], mylist[2]))
 
 
 async def test_accessing_forbidden_methods(
-    hass: HomeAssistant, caplog: pytest.LogCaptureFixture
+    hass: HomeAssistant,
+    caplog: pytest.LogCaptureFixture,
+    issue_registry: ir.IssueRegistry,
 ) -> None:
     """Test compile error logs error."""
     caplog.set_level(logging.ERROR)
@@ -208,12 +223,16 @@ async def test_accessing_forbidden_methods(
         "time.tzset()": "TimeWrapper.tzset",
     }.items():
         caplog.records.clear()
+        issue_registry.async_delete("python_script", "test.py")
         hass.async_add_executor_job(execute, hass, "test.py", source, {})
         await hass.async_block_till_done()
         assert f"Not allowed to access {name}" in caplog.text
+        assert len(issue_registry.issues) == 1
 
 
-async def test_accessing_forbidden_methods_with_response(hass: HomeAssistant) -> None:
+async def test_accessing_forbidden_methods_with_response(
+    hass: HomeAssistant, issue_registry: ir.IssueRegistry
+) -> None:
     """Test compile error logs error."""
     for source, name in {
         "hass.stop()": "HomeAssistant.stop",
@@ -226,6 +245,7 @@ async def test_accessing_forbidden_methods_with_response(hass: HomeAssistant) ->
 
         assert type(task.exception()) == ServiceValidationError
         assert f"Not allowed to access {name}" in str(task.exception())
+        assert len(issue_registry.issues) == 0
 
 
 async def test_iterating(hass: HomeAssistant) -> None: