diff --git a/homeassistant/components/utility_meter/const.py b/homeassistant/components/utility_meter/const.py
index 7b55ec4dcd0..39fd952327b 100644
--- a/homeassistant/components/utility_meter/const.py
+++ b/homeassistant/components/utility_meter/const.py
@@ -1,6 +1,7 @@
 """Constants for the utility meter component."""
 DOMAIN = "utility_meter"
 
+QUARTER_HOURLY = "quarter-hourly"
 HOURLY = "hourly"
 DAILY = "daily"
 WEEKLY = "weekly"
@@ -9,7 +10,16 @@ BIMONTHLY = "bimonthly"
 QUARTERLY = "quarterly"
 YEARLY = "yearly"
 
-METER_TYPES = [HOURLY, DAILY, WEEKLY, MONTHLY, BIMONTHLY, QUARTERLY, YEARLY]
+METER_TYPES = [
+    QUARTER_HOURLY,
+    HOURLY,
+    DAILY,
+    WEEKLY,
+    MONTHLY,
+    BIMONTHLY,
+    QUARTERLY,
+    YEARLY,
+]
 
 DATA_UTILITY = "utility_meter_data"
 
diff --git a/homeassistant/components/utility_meter/sensor.py b/homeassistant/components/utility_meter/sensor.py
index e365e77071c..9a4ed9e7782 100644
--- a/homeassistant/components/utility_meter/sensor.py
+++ b/homeassistant/components/utility_meter/sensor.py
@@ -36,6 +36,7 @@ from .const import (
     DATA_UTILITY,
     HOURLY,
     MONTHLY,
+    QUARTER_HOURLY,
     QUARTERLY,
     SERVICE_CALIBRATE_METER,
     SIGNAL_RESET_METER,
@@ -241,7 +242,16 @@ class UtilityMeterSensor(RestoreEntity):
         """Handle entity which will be added."""
         await super().async_added_to_hass()
 
-        if self._period == HOURLY:
+        if self._period == QUARTER_HOURLY:
+            for quarter in range(4):
+                async_track_time_change(
+                    self.hass,
+                    self._async_reset_meter,
+                    minute=(quarter * 15)
+                    + self._period_offset.seconds % (15 * 60) // 60,
+                    second=self._period_offset.seconds % 60,
+                )
+        elif self._period == HOURLY:
             async_track_time_change(
                 self.hass,
                 self._async_reset_meter,
diff --git a/tests/components/utility_meter/test_sensor.py b/tests/components/utility_meter/test_sensor.py
index 6a2de3a1cd0..2856a63b4f5 100644
--- a/tests/components/utility_meter/test_sensor.py
+++ b/tests/components/utility_meter/test_sensor.py
@@ -264,6 +264,34 @@ async def _test_self_reset(hass, config, start_time, expect_reset=True):
         assert state.state == "5"
 
 
+async def test_self_reset_quarter_hourly(hass, legacy_patchable_time):
+    """Test quarter-hourly reset of meter."""
+    await _test_self_reset(
+        hass, gen_config("quarter-hourly"), "2017-12-31T23:59:00.000000+00:00"
+    )
+
+
+async def test_self_reset_quarter_hourly_first_quarter(hass, legacy_patchable_time):
+    """Test quarter-hourly reset of meter."""
+    await _test_self_reset(
+        hass, gen_config("quarter-hourly"), "2017-12-31T23:14:00.000000+00:00"
+    )
+
+
+async def test_self_reset_quarter_hourly_second_quarter(hass, legacy_patchable_time):
+    """Test quarter-hourly reset of meter."""
+    await _test_self_reset(
+        hass, gen_config("quarter-hourly"), "2017-12-31T23:29:00.000000+00:00"
+    )
+
+
+async def test_self_reset_quarter_hourly_third_quarter(hass, legacy_patchable_time):
+    """Test quarter-hourly reset of meter."""
+    await _test_self_reset(
+        hass, gen_config("quarter-hourly"), "2017-12-31T23:44:00.000000+00:00"
+    )
+
+
 async def test_self_reset_hourly(hass, legacy_patchable_time):
     """Test hourly reset of meter."""
     await _test_self_reset(