diff --git a/octavia/api/drivers/amphora_driver/v2/driver.py b/octavia/api/drivers/amphora_driver/v2/driver.py
index e8ad4eb8a0..a69cfef9ce 100644
--- a/octavia/api/drivers/amphora_driver/v2/driver.py
+++ b/octavia/api/drivers/amphora_driver/v2/driver.py
@@ -12,7 +12,6 @@
 #    License for the specific language governing permissions and limitations
 #    under the License.
 
-from cryptography import fernet
 from jsonschema import exceptions as js_exceptions
 from jsonschema import validate
 
@@ -71,8 +70,7 @@ class AmphoraProviderDriver(driver_base.ProviderDriver):
             topic=consts.TOPIC_AMPHORA_V2, version="2.0", fanout=False)
         self.client = rpc.get_client(self.target)
         self.repositories = repositories.Repositories()
-        key = utils.get_compatible_server_certs_key_passphrase()
-        self.fernet = fernet.Fernet(key)
+        self.fernet = utils.get_server_certs_key_passphrases_fernet()
 
     def _validate_pool_algorithm(self, pool):
         if pool.lb_algorithm not in AMPHORA_SUPPORTED_LB_ALGORITHMS:
diff --git a/octavia/certificates/common/local.py b/octavia/certificates/common/local.py
index 4db1af2696..95d584f75d 100644
--- a/octavia/certificates/common/local.py
+++ b/octavia/certificates/common/local.py
@@ -19,6 +19,7 @@ Common classes for local filesystem certificate handling
 import os
 
 from oslo_config import cfg
+from oslo_config import types as cfg_types
 
 from octavia.certificates.common import cert
 
@@ -37,6 +38,22 @@ TLS_STORAGE_DEFAULT = os.environ.get(
     'OS_OCTAVIA_TLS_STORAGE', '/var/lib/octavia/certificates/'
 )
 
+
+class FernetKeyOpt:
+    regex_pattern = r'^[A-Za-z0-9\-_=]{32}$'
+
+    def __init__(self, value: str):
+        string_type = cfg_types.String(
+            choices=None, regex=self.regex_pattern)
+        self.value = string_type(value)
+
+    def __repr__(self):
+        return self.value.__repr__()
+
+    def __str__(self):
+        return self.value.__str__()
+
+
 certgen_opts = [
     cfg.StrOpt('ca_certificate',
                default=TLS_CERT_DEFAULT,
@@ -51,15 +68,17 @@ certgen_opts = [
                help='Passphrase for the Private Key. Defaults'
                     ' to env[OS_OCTAVIA_CA_KEY_PASS] or None.',
                secret=True),
-    cfg.StrOpt('server_certs_key_passphrase',
-               default=TLS_PASS_AMPS_DEFAULT,
-               help='Passphrase for encrypting Amphora Certificates and '
-                    'Private Keys. Must be 32, base64(url) compatible, '
-                    'characters long. Defaults to env[TLS_PASS_AMPS_DEFAULT] '
-                    'or insecure-key-do-not-use-this-key',
-               regex=r'^[A-Za-z0-9\-_=]{32}$',
-               required=True,
-               secret=True),
+    cfg.ListOpt('server_certs_key_passphrase',
+                default=[TLS_PASS_AMPS_DEFAULT],
+                item_type=FernetKeyOpt,
+                help='List of passphrase for encrypting Amphora Certificates '
+                'and Private Keys, first in list is used for encryption while '
+                'all other keys is used to decrypt previously encrypted data. '
+                'Each key must be 32, base64(url) compatible, characters long.'
+                ' Defaults to env[TLS_PASS_AMPS_DEFAULT] or '
+                'a list with default key insecure-key-do-not-use-this-key',
+                required=True,
+                secret=True),
     cfg.StrOpt('signing_digest',
                default=TLS_DIGEST_DEFAULT,
                help='Certificate signing digest. Defaults'
@@ -80,6 +99,7 @@ certmgr_opts = [
 
 class LocalCert(cert.Cert):
     """Representation of a Cert for local storage."""
+
     def __init__(self, certificate, private_key, intermediates=None,
                  private_key_passphrase=None):
         self.certificate = certificate
diff --git a/octavia/common/utils.py b/octavia/common/utils.py
index 6381165ab8..4ad78347df 100644
--- a/octavia/common/utils.py
+++ b/octavia/common/utils.py
@@ -25,6 +25,7 @@ import re
 import socket
 import typing
 
+from cryptography import fernet
 from oslo_config import cfg
 from oslo_log import log as logging
 from oslo_utils import excutils
@@ -131,11 +132,24 @@ def get_compatible_value(value):
     return value
 
 
-def get_compatible_server_certs_key_passphrase():
-    key = CONF.certificates.server_certs_key_passphrase
-    if isinstance(key, str):
-        key = key.encode('utf-8')
-    return base64.urlsafe_b64encode(key)
+def _get_compatible_server_certs_key_passphrases():
+    key_opts = CONF.certificates.server_certs_key_passphrase
+    keys = []
+    for key_opt in key_opts:
+        key = str(key_opt)
+        if isinstance(key, str):
+            key = key.encode('utf-8')
+        keys.append(
+            base64.urlsafe_b64encode(key))
+    return keys
+
+
+def get_server_certs_key_passphrases_fernet() -> fernet.MultiFernet:
+    """Get a cryptography.MultiFernet with loaded keys."""
+    keys = [
+        fernet.Fernet(x) for x in
+        _get_compatible_server_certs_key_passphrases()]
+    return fernet.MultiFernet(keys)
 
 
 def subnet_ip_availability(nw_ip_avail, subnet_id, req_num_ips):
@@ -178,6 +192,7 @@ class exception_logger:
               any occurred
 
     """
+
     def __init__(self, logger=None):
         self.logger = logger
 
diff --git a/octavia/controller/worker/v2/tasks/amphora_driver_tasks.py b/octavia/controller/worker/v2/tasks/amphora_driver_tasks.py
index 4d2dc9d1ca..1778465d9f 100644
--- a/octavia/controller/worker/v2/tasks/amphora_driver_tasks.py
+++ b/octavia/controller/worker/v2/tasks/amphora_driver_tasks.py
@@ -17,7 +17,6 @@ import copy
 from typing import List
 from typing import Optional
 
-from cryptography import fernet
 from oslo_config import cfg
 from oslo_log import log as logging
 from stevedore import driver as stevedore_driver
@@ -458,8 +457,7 @@ class AmphoraCertUpload(BaseAmphoraTask):
     def execute(self, amphora, server_pem):
         """Execute cert_update_amphora routine."""
         LOG.debug("Upload cert in amphora REST driver")
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         session = db_apis.get_session()
         with session.begin():
             db_amp = self.amphora_repo.get(session,
diff --git a/octavia/controller/worker/v2/tasks/cert_task.py b/octavia/controller/worker/v2/tasks/cert_task.py
index d56e4b76bd..ffdbf3d28b 100644
--- a/octavia/controller/worker/v2/tasks/cert_task.py
+++ b/octavia/controller/worker/v2/tasks/cert_task.py
@@ -13,7 +13,6 @@
 # under the License.
 #
 
-from cryptography import fernet
 from oslo_config import cfg
 from stevedore import driver as stevedore_driver
 from taskflow import task
@@ -45,8 +44,7 @@ class GenerateServerPEMTask(BaseCertTask):
         cert = self.cert_generator.generate_cert_key_pair(
             cn=amphora_id,
             validity=CONF.certificates.cert_validity_time)
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
 
         # storing in db requires conversion bytes to string
         # (required for python3)
diff --git a/octavia/controller/worker/v2/tasks/compute_tasks.py b/octavia/controller/worker/v2/tasks/compute_tasks.py
index 462faa5b40..2100820684 100644
--- a/octavia/controller/worker/v2/tasks/compute_tasks.py
+++ b/octavia/controller/worker/v2/tasks/compute_tasks.py
@@ -15,7 +15,6 @@
 
 import time
 
-from cryptography import fernet
 from oslo_config import cfg
 from oslo_log import log as logging
 from stevedore import driver as stevedore_driver
@@ -190,8 +189,7 @@ class CertComputeCreate(ComputeCreate):
                   encoding='utf-8') as client_ca:
             ca = client_ca.read()
 
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         config_drive_files = {
             '/etc/octavia/certs/server.pem': fer.decrypt(
                 server_pem.encode("utf-8")).decode("utf-8"),
diff --git a/octavia/controller/worker/v2/tasks/database_tasks.py b/octavia/controller/worker/v2/tasks/database_tasks.py
index fe4528048e..3db1ad5b86 100644
--- a/octavia/controller/worker/v2/tasks/database_tasks.py
+++ b/octavia/controller/worker/v2/tasks/database_tasks.py
@@ -13,7 +13,6 @@
 # under the License.
 #
 
-from cryptography import fernet
 from octavia_lib.common import constants as lib_consts
 from oslo_config import cfg
 from oslo_db import exception as odb_exceptions
@@ -1047,8 +1046,7 @@ class UpdateAmphoraDBCertExpiration(BaseDatabaseTask):
 
         LOG.debug("Update DB cert expiry date of amphora id: %s", amphora_id)
 
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         cert_expiration = cert_parser.get_cert_expiration(
             fer.decrypt(server_pem.encode("utf-8")))
         LOG.debug("Certificate expiration date is %s ", cert_expiration)
diff --git a/octavia/tests/unit/api/drivers/amphora_driver/v2/test_driver.py b/octavia/tests/unit/api/drivers/amphora_driver/v2/test_driver.py
index 0fea5182f7..ae2fa4d1df 100644
--- a/octavia/tests/unit/api/drivers/amphora_driver/v2/test_driver.py
+++ b/octavia/tests/unit/api/drivers/amphora_driver/v2/test_driver.py
@@ -878,7 +878,7 @@ class TestAmphoraDriver(base.TestRpc):
                               self.amp_driver.validate_availability_zone,
                               'bogus')
 
-    @mock.patch('cryptography.fernet.Fernet')
+    @mock.patch('cryptography.fernet.MultiFernet')
     def test_encrypt_listener_dict(self, mock_fernet):
         mock_fern = mock.MagicMock()
         mock_fernet.return_value = mock_fern
diff --git a/octavia/tests/unit/common/test_utils.py b/octavia/tests/unit/common/test_utils.py
index 247ab336ad..2aa7f4aba6 100644
--- a/octavia/tests/unit/common/test_utils.py
+++ b/octavia/tests/unit/common/test_utils.py
@@ -13,7 +13,9 @@
 #    under the License.
 from unittest import mock
 
+from cryptography import fernet
 from octavia_lib.common import constants as lib_consts
+from oslo_config import cfg
 from oslo_utils import uuidutils
 
 from octavia.common import constants
@@ -178,3 +180,42 @@ class TestConfig(base.TestCase):
         result = utils.map_protocol_to_nftable_protocol(
             {constants.PROTOCOL: lib_consts.PROTOCOL_PROMETHEUS})
         self.assertEqual({constants.PROTOCOL: lib_consts.PROTOCOL_TCP}, result)
+
+    def test_rotate_server_certs_key_passphrase(self):
+        """Test rotate server_certs_key_passphrase."""
+        # Use one key (default) and encrypt/decrypt it
+        cfg.CONF.set_override(
+            'server_certs_key_passphrase',
+            ['insecure-key-do-not-use-this-key'],
+            group='certificates')
+        fer = utils.get_server_certs_key_passphrases_fernet()
+        data1 = 'some data one'
+        enc1 = fer.encrypt(data1.encode('utf-8'))
+        self.assertEqual(
+            data1, fer.decrypt(enc1).decode('utf-8'))
+
+        # Use two keys, first key is new and used for encrypting
+        # and default key can still be used for decryption
+        cfg.CONF.set_override(
+            'server_certs_key_passphrase',
+            ['insecure-key-do-not-use-this-ke2',
+             'insecure-key-do-not-use-this-key'],
+            group='certificates')
+        fer = utils.get_server_certs_key_passphrases_fernet()
+        data2 = 'some other data'
+        enc2 = fer.encrypt(data2.encode('utf-8'))
+        self.assertEqual(
+            data2, fer.decrypt(enc2).decode('utf-8'))
+        self.assertEqual(
+            data1, fer.decrypt(enc1).decode('utf-8'))
+
+        # Remove first key and we should only be able to
+        # decrypt the newest data
+        cfg.CONF.set_override(
+            'server_certs_key_passphrase',
+            ['insecure-key-do-not-use-this-ke2'],
+            group='certificates')
+        fer = utils.get_server_certs_key_passphrases_fernet()
+        self.assertEqual(
+            data2, fer.decrypt(enc2).decode('utf-8'))
+        self.assertRaises(fernet.InvalidToken, fer.decrypt, enc1)
diff --git a/octavia/tests/unit/controller/worker/v2/tasks/test_amphora_driver_tasks.py b/octavia/tests/unit/controller/worker/v2/tasks/test_amphora_driver_tasks.py
index 0dbf243a7e..cc2ebb389b 100644
--- a/octavia/tests/unit/controller/worker/v2/tasks/test_amphora_driver_tasks.py
+++ b/octavia/tests/unit/controller/worker/v2/tasks/test_amphora_driver_tasks.py
@@ -14,7 +14,6 @@
 #
 from unittest import mock
 
-from cryptography import fernet
 from oslo_config import cfg
 from oslo_config import fixture as oslo_fixture
 from oslo_utils import uuidutils
@@ -840,9 +839,8 @@ class TestAmphoraDriverTasks(base.TestCase):
                                  mock_listener_repo_update,
                                  mock_amphora_repo_get,
                                  mock_amphora_repo_update):
-        key = utils.get_compatible_server_certs_key_passphrase()
         mock_amphora_repo_get.return_value = _db_amphora_mock
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         pem_file_mock = fer.encrypt(
             utils.get_compatible_value('test-pem-file')).decode('utf-8')
         amphora_cert_upload_mock = amphora_driver_tasks.AmphoraCertUpload()
diff --git a/octavia/tests/unit/controller/worker/v2/tasks/test_cert_task.py b/octavia/tests/unit/controller/worker/v2/tasks/test_cert_task.py
index 24a292bc7d..d41c10cfb0 100644
--- a/octavia/tests/unit/controller/worker/v2/tasks/test_cert_task.py
+++ b/octavia/tests/unit/controller/worker/v2/tasks/test_cert_task.py
@@ -14,7 +14,6 @@
 #
 from unittest import mock
 
-from cryptography import fernet
 from oslo_config import cfg
 
 from octavia.certificates.common import local
@@ -29,8 +28,7 @@ class TestCertTasks(base.TestCase):
 
     @mock.patch('stevedore.driver.DriverManager.driver')
     def test_execute(self, mock_driver):
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         dummy_cert = local.LocalCert(
             utils.get_compatible_value('test_cert'),
             utils.get_compatible_value('test_key'))
diff --git a/octavia/tests/unit/controller/worker/v2/tasks/test_compute_tasks.py b/octavia/tests/unit/controller/worker/v2/tasks/test_compute_tasks.py
index 28ace32755..13ca3d765e 100644
--- a/octavia/tests/unit/controller/worker/v2/tasks/test_compute_tasks.py
+++ b/octavia/tests/unit/controller/worker/v2/tasks/test_compute_tasks.py
@@ -14,7 +14,6 @@
 #
 from unittest import mock
 
-from cryptography import fernet
 from oslo_config import cfg
 from oslo_config import fixture as oslo_fixture
 from oslo_utils import uuidutils
@@ -375,8 +374,7 @@ class TestComputeTasks(base.TestCase):
     def test_compute_create_cert(self, mock_driver, mock_ud_conf,
                                  mock_conf, mock_jinja, mock_log_cfg):
         createcompute = compute_tasks.CertComputeCreate()
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         mock_log_cfg.return_value = 'FAKE CFG'
 
         mock_driver.build.return_value = COMPUTE_ID
diff --git a/octavia/tests/unit/controller/worker/v2/tasks/test_database_tasks.py b/octavia/tests/unit/controller/worker/v2/tasks/test_database_tasks.py
index 25d2670851..bd7316a4e0 100644
--- a/octavia/tests/unit/controller/worker/v2/tasks/test_database_tasks.py
+++ b/octavia/tests/unit/controller/worker/v2/tasks/test_database_tasks.py
@@ -16,7 +16,6 @@ import copy
 import random
 from unittest import mock
 
-from cryptography import fernet
 from oslo_db import exception as odb_exceptions
 from oslo_utils import uuidutils
 from sqlalchemy.orm import exc
@@ -1201,8 +1200,7 @@ class TestDatabaseTasks(base.TestCase):
                                         mock_amphora_repo_delete):
 
         update_amp_cert = database_tasks.UpdateAmphoraDBCertExpiration()
-        key = utils.get_compatible_server_certs_key_passphrase()
-        fer = fernet.Fernet(key)
+        fer = utils.get_server_certs_key_passphrases_fernet()
         _pem_mock = fer.encrypt(
             utils.get_compatible_value('test_cert')
         ).decode('utf-8')
diff --git a/releasenotes/notes/support-rotating-server_certs_key_passphrase-c74a67ae5e169447.yaml b/releasenotes/notes/support-rotating-server_certs_key_passphrase-c74a67ae5e169447.yaml
new file mode 100644
index 0000000000..54edd2859b
--- /dev/null
+++ b/releasenotes/notes/support-rotating-server_certs_key_passphrase-c74a67ae5e169447.yaml
@@ -0,0 +1,13 @@
+---
+features:
+  - |
+    Added support for multiple Fernet keys in the ``[certificates]/server_certs_key_passphrase``
+    configuration option by changing it to a ListOpt. The first key is used for
+    encryption and other keys is used for decryption adding support for rotating
+    the passphrase.
+upgrade:
+  - |
+    The ``[certificates]/server_certs_key_passphrase`` configuration option is
+    now a ListOpt so multiple keys can be specified, the first key is used for
+    encryption and other keys is used for decryption adding support for rotating
+    the passphrase.