diff --git a/esphome/components/deep_sleep/__init__.py b/esphome/components/deep_sleep/__init__.py
index 24fc0cabb0..058358fa67 100644
--- a/esphome/components/deep_sleep/__init__.py
+++ b/esphome/components/deep_sleep/__init__.py
@@ -1,13 +1,18 @@
 import esphome.codegen as cg
+from esphome.components import time
 import esphome.config_validation as cv
 from esphome import pins, automation
 from esphome.const import (
+    CONF_HOUR,
     CONF_ID,
+    CONF_MINUTE,
     CONF_MODE,
     CONF_NUMBER,
     CONF_PINS,
     CONF_RUN_DURATION,
+    CONF_SECOND,
     CONF_SLEEP_DURATION,
+    CONF_TIME_ID,
     CONF_WAKEUP_PIN,
 )
 
@@ -112,6 +117,7 @@ CONF_TOUCH_WAKEUP = "touch_wakeup"
 CONF_DEFAULT = "default"
 CONF_GPIO_WAKEUP_REASON = "gpio_wakeup_reason"
 CONF_TOUCH_WAKEUP_REASON = "touch_wakeup_reason"
+CONF_UNTIL = "until"
 
 WAKEUP_CAUSES_SCHEMA = cv.Schema(
     {
@@ -202,13 +208,19 @@ async def to_code(config):
     cg.add_define("USE_DEEP_SLEEP")
 
 
-DEEP_SLEEP_ENTER_SCHEMA = automation.maybe_simple_id(
-    {
-        cv.GenerateID(): cv.use_id(DeepSleepComponent),
-        cv.Optional(CONF_SLEEP_DURATION): cv.templatable(
-            cv.positive_time_period_milliseconds
-        ),
-    }
+DEEP_SLEEP_ENTER_SCHEMA = cv.All(
+    automation.maybe_simple_id(
+        {
+            cv.GenerateID(): cv.use_id(DeepSleepComponent),
+            cv.Exclusive(CONF_SLEEP_DURATION, "time"): cv.templatable(
+                cv.positive_time_period_milliseconds
+            ),
+            # Only on ESP32 due to how long the RTC on ESP8266 can stay asleep
+            cv.Exclusive(CONF_UNTIL, "time"): cv.All(cv.only_on_esp32, cv.time_of_day),
+            cv.Optional(CONF_TIME_ID): cv.use_id(time.RealTimeClock),
+        }
+    ),
+    cv.has_none_or_all_keys(CONF_UNTIL, CONF_TIME_ID),
 )
 
 
@@ -228,6 +240,14 @@ async def deep_sleep_enter_to_code(config, action_id, template_arg, args):
     if CONF_SLEEP_DURATION in config:
         template_ = await cg.templatable(config[CONF_SLEEP_DURATION], args, cg.int32)
         cg.add(var.set_sleep_duration(template_))
+
+    if CONF_UNTIL in config:
+        until = config[CONF_UNTIL]
+        cg.add(var.set_until(until[CONF_HOUR], until[CONF_MINUTE], until[CONF_SECOND]))
+
+        time_ = await cg.get_variable(config[CONF_TIME_ID])
+        cg.add(var.set_time(time_))
+
     return var
 
 
diff --git a/esphome/components/deep_sleep/deep_sleep_component.cpp b/esphome/components/deep_sleep/deep_sleep_component.cpp
index 82751b538b..1bb70e0d7e 100644
--- a/esphome/components/deep_sleep/deep_sleep_component.cpp
+++ b/esphome/components/deep_sleep/deep_sleep_component.cpp
@@ -1,6 +1,7 @@
 #include "deep_sleep_component.h"
-#include "esphome/core/log.h"
+#include <cinttypes>
 #include "esphome/core/application.h"
+#include "esphome/core/log.h"
 
 #ifdef USE_ESP8266
 #include <Esp.h>
@@ -101,6 +102,8 @@ void DeepSleepComponent::begin_sleep(bool manual) {
 #endif
 
   ESP_LOGI(TAG, "Beginning Deep Sleep");
+  if (this->sleep_duration_.has_value())
+    ESP_LOGI(TAG, "Sleeping for %" PRId64 "us", *this->sleep_duration_);
 
   App.run_safe_shutdown_hooks();
 
diff --git a/esphome/components/deep_sleep/deep_sleep_component.h b/esphome/components/deep_sleep/deep_sleep_component.h
index 057d992427..5e90d4b89d 100644
--- a/esphome/components/deep_sleep/deep_sleep_component.h
+++ b/esphome/components/deep_sleep/deep_sleep_component.h
@@ -9,6 +9,10 @@
 #include <esp_sleep.h>
 #endif
 
+#ifdef USE_TIME
+#include "esphome/components/time/real_time_clock.h"
+#endif
+
 namespace esphome {
 namespace deep_sleep {
 
@@ -116,15 +120,71 @@ template<typename... Ts> class EnterDeepSleepAction : public Action<Ts...> {
   EnterDeepSleepAction(DeepSleepComponent *deep_sleep) : deep_sleep_(deep_sleep) {}
   TEMPLATABLE_VALUE(uint32_t, sleep_duration);
 
+#ifdef USE_TIME
+  void set_until(uint8_t hour, uint8_t minute, uint8_t second) {
+    this->hour_ = hour;
+    this->minute_ = minute;
+    this->second_ = second;
+  }
+
+  void set_time(time::RealTimeClock *time) { this->time_ = time; }
+#endif
+
   void play(Ts... x) override {
     if (this->sleep_duration_.has_value()) {
       this->deep_sleep_->set_sleep_duration(this->sleep_duration_.value(x...));
     }
+#ifdef USE_TIME
+
+    if (this->hour_.has_value()) {
+      auto time = this->time_->now();
+      const uint32_t timestamp_now = time.timestamp;
+
+      bool after_time = false;
+      if (time.hour > this->hour_) {
+        after_time = true;
+      } else {
+        if (time.hour == this->hour_) {
+          if (time.minute > this->minute_) {
+            after_time = true;
+          } else {
+            if (time.minute == this->minute_) {
+              if (time.second > this->second_) {
+                after_time = true;
+              }
+            }
+          }
+        }
+      }
+
+      time.hour = *this->hour_;
+      time.minute = *this->minute_;
+      time.second = *this->second_;
+      time.recalc_timestamp_utc();
+
+      time_t timestamp = time.timestamp;  // timestamp in local time zone
+
+      if (after_time)
+        timestamp += 60 * 60 * 24;
+
+      int32_t offset = time::ESPTime::timezone_offset();
+      timestamp -= offset;  // Change timestamp to utc
+      const uint32_t ms_left = (timestamp - timestamp_now) * 1000;
+      this->deep_sleep_->set_sleep_duration(ms_left);
+    }
+#endif
     this->deep_sleep_->begin_sleep(true);
   }
 
  protected:
   DeepSleepComponent *deep_sleep_;
+#ifdef USE_TIME
+  optional<uint8_t> hour_;
+  optional<uint8_t> minute_;
+  optional<uint8_t> second_;
+
+  time::RealTimeClock *time_;
+#endif
 };
 
 template<typename... Ts> class PreventDeepSleepAction : public Action<Ts...> {
diff --git a/esphome/components/time/real_time_clock.cpp b/esphome/components/time/real_time_clock.cpp
index 0469ba2c37..36c5f4161d 100644
--- a/esphome/components/time/real_time_clock.cpp
+++ b/esphome/components/time/real_time_clock.cpp
@@ -176,6 +176,31 @@ void ESPTime::recalc_timestamp_utc(bool use_day_of_year) {
   res += this->second;
   this->timestamp = res;
 }
+
+int32_t ESPTime::timezone_offset() {
+  int32_t offset = 0;
+  time_t now = ::time(nullptr);
+  auto local = ESPTime::from_epoch_local(now);
+  auto utc = ESPTime::from_epoch_utc(now);
+  bool negative = utc.hour > local.hour && local.day_of_year <= utc.day_of_year;
+
+  if (utc.minute > local.minute) {
+    local.minute += 60;
+    local.hour -= 1;
+  }
+  offset += (local.minute - utc.minute) * 60;
+
+  if (negative) {
+    offset -= (utc.hour - local.hour) * 3600;
+  } else {
+    if (utc.hour > local.hour) {
+      local.hour += 24;
+    }
+    offset += (local.hour - utc.hour) * 3600;
+  }
+  return offset;
+}
+
 bool ESPTime::operator<(ESPTime other) { return this->timestamp < other.timestamp; }
 bool ESPTime::operator<=(ESPTime other) { return this->timestamp <= other.timestamp; }
 bool ESPTime::operator==(ESPTime other) { return this->timestamp == other.timestamp; }
diff --git a/esphome/components/time/real_time_clock.h b/esphome/components/time/real_time_clock.h
index c45deb0be5..b22c6f04d7 100644
--- a/esphome/components/time/real_time_clock.h
+++ b/esphome/components/time/real_time_clock.h
@@ -88,6 +88,8 @@ struct ESPTime {
   /// Convert this ESPTime instance back to a tm struct.
   struct tm to_c_tm();
 
+  static int32_t timezone_offset();
+
   /// Increment this clock instance by one second.
   void increment_second();
   /// Increment this clock instance by one day.