Designed a virtual machine based on Smart Meter embed platform, masked the differences of electricity meter hardware with unique virtual machine technology, realized the various demands proposed by customers in the Electricity Internet of Things era conveniently. The virtual machine runs a dedicated instrument assemble of electricity meters, supports different kinds of functional demands; Supports applications co-exist and remote management of software platform dynamically. Customers can develop applications by advanced languages, it can enhance development efficiency. The virtual machine supports rubbish recycle which can manage the RAM space dynamically, uses the coroutine mechanism to make multi-applications develop easily. Based on the new generation electricity energy meter design thought , propose a realization of virtual machine. It does a great improvement and meaning to manage Smart Meter software applications uniformly.