The invention discloses an electric energy meter transferring system. The system comprises a turnover device used for turning over an electric energy meter in a side erecting state into a flat placement state, and a transferring and loading device used for grabbing the electric energy meter, in an electric energy meter detection line carton, in the side erecting state and transferring the electric energy meter onto the turnover device, and grabbing the electric energy meter, on the turnover device, in the flat placement state and transferring the electric energy meter into a circulating box. The invention further discloses an electric energy meter transferring method. The electric energy meter transferring method includes the steps that S01, operation starts, after the transferring and loading device grabs the electric energy meter, in the electric energy meter detection line carton, in the side erecting state, the electric energy meter is transferred onto the turnover device; S02, the electric energy meter in the side erecting state is turned over into the flat placement state by the turnover device; and S03, the transferring and loading device grabs the electric energy meter, in the turnover device, in the flat placement state and then transfers the electric energy meter into the circulating box, and a single time of electric energy meter transferring is completed. The transferring system and method have the beneficial effects that the transferring efficiency and the automation degree are high.