diff --git a/nova/tests/unit/virt/libvirt/test_driver.py b/nova/tests/unit/virt/libvirt/test_driver.py
index c057dfadfec5..988b485c68f5 100644
--- a/nova/tests/unit/virt/libvirt/test_driver.py
+++ b/nova/tests/unit/virt/libvirt/test_driver.py
@@ -9119,6 +9119,9 @@ class LibvirtConnTestCase(test.NoDBTestCase,
                       'encryption_key_id': uuids.encryption_key_id}
         instance = mock.sentinel.instance
 
+        # Mock out find_secret so we don't skip ahead
+        drvr._host.find_secret.return_value = None
+
         # Mock out the encryptors
         mock_encryptor = mock.Mock()
         mock_get_volume_encryptor.return_value = mock_encryptor
@@ -10179,6 +10182,21 @@ class LibvirtConnTestCase(test.NoDBTestCase,
         crt_scrt.assert_called_once_with(
             'volume', uuids.serial, password=key)
 
+    @mock.patch.object(key_manager, 'API')
+    def test_attach_encryptor_secret_exists(self, mock_key_manager_api):
+        connection_info = {'data': {'volume_id': uuids.volume_id}}
+        drvr = libvirt_driver.LibvirtDriver(fake.FakeVirtAPI(), False)
+        with test.nested(
+            mock.patch.object(drvr, '_get_volume_encryption'),
+            mock.patch.object(drvr._host, 'find_secret')
+        ) as (mock_get_volume_encryption, mock_find_secret):
+            drvr._attach_encryptor(self.context, connection_info, None)
+
+        # Assert we called find_secret and nothing else
+        mock_find_secret.assert_called_once_with('volume', uuids.volume_id)
+        mock_get_volume_encryption.assert_not_called()
+        mock_key_manager_api.assert_not_called()
+
     @mock.patch('os_brick.encryptors.get_encryption_metadata')
     @mock.patch('nova.virt.libvirt.driver.LibvirtDriver._get_volume_encryptor')
     def test_detach_encryptor_connection_info_incomplete(self,
diff --git a/nova/virt/libvirt/driver.py b/nova/virt/libvirt/driver.py
index 99505a60bcca..1376b7c94286 100644
--- a/nova/virt/libvirt/driver.py
+++ b/nova/virt/libvirt/driver.py
@@ -1715,6 +1715,17 @@ class LibvirtDriver(driver.ComputeDriver):
         to determine if an attempt to attach the encryptor should be made.
 
         """
+        # NOTE(lyarwood): Skip any attempt to fetch encryption metadata or the
+        # actual passphrase from the key manager if a libvirt secert already
+        # exists locally for the volume. This suggests that the instance was
+        # only powered off or the underlying host rebooted.
+        volume_id = driver_block_device.get_volume_id(connection_info)
+        if self._host.find_secret('volume', volume_id):
+            LOG.debug("A libvirt secret for volume %s has been found on the "
+                      "host, skipping any attempt to create another or attach "
+                      "an os-brick encryptor.", volume_id)
+            return
+
         if encryption is None:
             encryption = self._get_volume_encryption(context, connection_info)
 
@@ -1746,7 +1757,6 @@ class LibvirtDriver(driver.ComputeDriver):
             # NOTE(lyarwood): Store the passphrase as a libvirt secret locally
             # on the compute node. This secret is used later when generating
             # the volume config.
-            volume_id = driver_block_device.get_volume_id(connection_info)
             self._host.create_secret('volume', volume_id, password=passphrase)
         elif encryption:
             encryptor = self._get_volume_encryptor(connection_info,
diff --git a/releasenotes/notes/bug_1905701-fdc7402ffe70d104.yaml b/releasenotes/notes/bug_1905701-fdc7402ffe70d104.yaml
new file mode 100644
index 000000000000..b46936b14afb
--- /dev/null
+++ b/releasenotes/notes/bug_1905701-fdc7402ffe70d104.yaml
@@ -0,0 +1,13 @@
+---
+fixes:
+  - |
+    The libvirt virt driver will no longer attempt to fetch volume
+    encryption metadata or the associated secret key when attaching ``LUKSv1``
+    encrypted volumes if a libvirt secret already exists on the host.
+
+    This resolves `bug 1905701`_ where instances with ``LUKSv1`` encrypted
+    volumes could not be restarted automatically by the ``nova-compute``
+    service after a host reboot when the
+    ``[DEFAULT]/resume_guests_state_on_host_boot`` configurable was enabled.
+
+    .. _bug 1905701: https://launchpad.net/bugs/1905701