This manuscript proposes a hybrid energy harvest and management system to manage harvested ambient thermal and radio frequency (RF) energy and provide constant voltage for an electronic water meter. It mainly includes an antenna, a rectifier, thermoelectric generators (TEGs), and an energy management circuit. The antenna harvests the ambient RF power, and the rectifier converts it to DC power. The harvested RF and thermal powers are stored in a capacitor and managed by an FEH710 energy management circuit to power an electronic water meter. Eight thermoelectric generators convert thermal energy into DC power. The proposed hybrid energy harvesting and management system has been evaluated by simulation and measurement. The antenna's reflection coefficient and peak gain at 2.45 GHz are −30 dB and 3.6 dBi, respectively. The rectifier's measured RF-DC power conversion efficiency (PCE) is 66.7% at 0 dBm. As a demonstration, a commercial electronic water meter works stably by the harvested ambient RF and thermal energy. The proposed hybrid energy harvesting system is expected to find potential practical applications for the Internet of Things (IoT) in environments with RF radiation coverage and temperature gradients.