diff --git a/app/models/chargeback_vm.rb b/app/models/chargeback_vm.rb
index c883b70f8b8..cb55cb7b3dd 100644
--- a/app/models/chargeback_vm.rb
+++ b/app/models/chargeback_vm.rb
@@ -41,6 +41,12 @@ class ChargebackVm < Chargeback
     storage_allocated_cost
   ).freeze
 
+  cache_with_timeout(:current_volume_types) do
+    volume_types = CloudVolume.volume_types
+    volume_types.push(nil) if volume_types.present?
+    volume_types
+  end
+
   def self.attribute_names
     loaded_attribute_names = super
     loaded_storage_allocated_attributes = loaded_attribute_names.select { |x| x.starts_with?('storage_allocated_') }
@@ -57,9 +63,7 @@ def self.attribute_names
   #   'storage_allocated_volume_type1_cost'   => {:group => [:total]},
   # }
   def self.dynamic_columns_for(column_type)
-    volume_types = CloudVolume.volume_types
-    volume_types.push(nil) if volume_types.present?
-    volume_types.each_with_object({}) do |volume_type, result|
+    current_volume_types.each_with_object({}) do |volume_type, result|
       %i(metric cost rate).collect do |type|
         result["storage_allocated_#{volume_type || 'unclassified'}_#{type}"] = column_type
       end
@@ -74,6 +78,9 @@ def self.refresh_dynamic_metric_columns
   def self.build_results_for_report_ChargebackVm(options)
     # Options: a hash transformable to Chargeback::ReportOptions
 
+    # Get the most up to date types from the DB
+    current_volume_types(true)
+
     @report_user = User.find_by(:userid => options[:userid])
 
     @vm_owners = @vms = nil
diff --git a/spec/lib/miq_expression_spec.rb b/spec/lib/miq_expression_spec.rb
index e6ff599b01c..6f6075ab433 100644
--- a/spec/lib/miq_expression_spec.rb
+++ b/spec/lib/miq_expression_spec.rb
@@ -50,11 +50,13 @@
 
           # case: change name
           volume_2.update_attributes!(:volume_type => 'NEW_TYPE_2')
+          ChargebackVm.current_volume_types_clear_cache
           report_fields = described_class.reporting_available_fields(model).map(&:second)
           expect(report_fields).to include(volume_1_type_field_cost)
           expect(report_fields).not_to include(volume_2_type_field_cost) # old field
 
           # check existence of new name
+          ChargebackVm.current_volume_types_clear_cache
           report_fields = described_class.reporting_available_fields(model).map(&:second)
           volume_2_type_field_cost = "#{model}-storage_allocated_#{volume_2.volume_type}_cost"
           expect(report_fields).to include(volume_1_type_field_cost)
@@ -62,6 +64,7 @@
 
           # case: add volume_type
           volume_3
+          ChargebackVm.current_volume_types_clear_cache
           report_fields = described_class.reporting_available_fields(model).map(&:second)
           expect(report_fields).to include(volume_1_type_field_cost)
           expect(report_fields).to include(volume_3_type_field_cost)
@@ -70,6 +73,7 @@
           volume_2.destroy
           volume_3.destroy
 
+          ChargebackVm.current_volume_types_clear_cache
           report_fields = described_class.reporting_available_fields(model).map(&:second)
           expect(report_fields).to include(volume_1_type_field_cost)
           expect(report_fields).not_to include(volume_2_type_field_cost)
diff --git a/spec/models/chargeback_vm_spec.rb b/spec/models/chargeback_vm_spec.rb
index e3f81f5ffec..e0776be0b8f 100644
--- a/spec/models/chargeback_vm_spec.rb
+++ b/spec/models/chargeback_vm_spec.rb
@@ -202,6 +202,7 @@
 
             cloud_volume_hdd.destroy
 
+            described_class.current_volume_types_clear_cache
             described_class.refresh_dynamic_metric_columns
             fields = described_class.attribute_names
             expect(fields).not_to include(cloud_volume_hdd_field)