diff --git a/homeassistant/components/utility_meter/manifest.json b/homeassistant/components/utility_meter/manifest.json
index 11aaf5307c8..25e803e6a2d 100644
--- a/homeassistant/components/utility_meter/manifest.json
+++ b/homeassistant/components/utility_meter/manifest.json
@@ -8,5 +8,5 @@
   "iot_class": "local_push",
   "loggers": ["croniter"],
   "quality_scale": "internal",
-  "requirements": ["croniter==1.0.6"]
+  "requirements": ["croniter==2.0.2"]
 }
diff --git a/requirements_all.txt b/requirements_all.txt
index 068ddefd470..635c0deb245 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -666,7 +666,7 @@ connect-box==0.2.8
 construct==2.10.68
 
 # homeassistant.components.utility_meter
-croniter==1.0.6
+croniter==2.0.2
 
 # homeassistant.components.crownstone
 crownstone-cloud==1.4.9
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 98567b2d672..eef277af206 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -550,7 +550,7 @@ colorthief==0.2.1
 construct==2.10.68
 
 # homeassistant.components.utility_meter
-croniter==1.0.6
+croniter==2.0.2
 
 # homeassistant.components.crownstone
 crownstone-cloud==1.4.9