diff --git a/charts/prometheus-kafka-exporter/Chart.yaml b/charts/prometheus-kafka-exporter/Chart.yaml
index 8c7699e56af6..9368f97aae55 100644
--- a/charts/prometheus-kafka-exporter/Chart.yaml
+++ b/charts/prometheus-kafka-exporter/Chart.yaml
@@ -3,7 +3,7 @@ appVersion: "v1.7.0"
 description: A Helm chart to export the metrics from Kafka in Prometheus format using the kafka-exporter from https://github.com/danielqsj/kafka_exporter
 name: prometheus-kafka-exporter
 home: https://github.com/danielqsj/kafka_exporter
-version: 2.6.0
+version: 2.7.0
 kubeVersion: ">=1.19.0-0"
 sources:
   - https://gkarthiks.github.io/helm-charts/charts/prometheus-kafka-exporter
diff --git a/charts/prometheus-kafka-exporter/templates/service.yaml b/charts/prometheus-kafka-exporter/templates/service.yaml
index c990ac530ab4..404572dae516 100644
--- a/charts/prometheus-kafka-exporter/templates/service.yaml
+++ b/charts/prometheus-kafka-exporter/templates/service.yaml
@@ -14,6 +14,9 @@ metadata:
 {{- end }}
 spec:
   type: {{ .Values.service.type }}
+{{- if and (eq .Values.service.type "LoadBalancer") (.Values.service.loadBalancerIP) }}
+  loadBalancerIP: {{ .Values.service.loadBalancerIP }}
+{{- end }}
   ports:
     - port: {{ .Values.service.port }}
       targetPort: exporter-port
diff --git a/charts/prometheus-kafka-exporter/values.yaml b/charts/prometheus-kafka-exporter/values.yaml
index bd83ab4f012a..7ba874594563 100644
--- a/charts/prometheus-kafka-exporter/values.yaml
+++ b/charts/prometheus-kafka-exporter/values.yaml
@@ -71,9 +71,11 @@ service:
   port: 9308
   labels: {}
   annotations: {}
-  # Specifies a custom nodePort for external use.
-  # Must be used with service.type=NodePort.
+  # Specifies a custom nodePort for external use. Used with service.type=NodePort.
   nodePort: null
+  # Specifies a reserved static IP. Used with service.type=LoadBalancer.
+  # The field is deprecated, implementation-specific annotations should be set instead.
+  loadBalancerIP: null
 
 liveness:
   enabled: false