Reservoirs often experience significant evaporation, causing a reduction in productive water use and prompting calls to curtail the loss. While efforts to reduce evaporation have predominantly focused on improving efficiencies, there has been a comparatively limited exploration of the associated costs per unit of additional water yield. To address this, a unit reference value (URV) calculation approach was employed in a case study to compare the unit costs of this additional yield through various evaporation suppression methods. The evaluated techniques included chemical monolayers, shade cloth, and both hard and soft floating covers. The URV calculation factored in capital, operating, and maintenance costs over a 20-year term, specified water-saving efficiencies for each technology, and various environmentally driven evaporation and social discount rates. The resulting URVs were compared with those for raising the Clanwilliam Dam, a large-scale groundwater scheme and the URVs for desalination. Notably, monolayers emerged with the lowest URV, but their yield efficiency is severely compromised by their short lifespan and high susceptibility to wind. The URVs of shade cloth proved competitive with those of desalination but are practical only for relatively small areas. In contrast, floating hard and soft covers demonstrated higher per-unit water delivery costs than desalination due to more frequent capital equipment replacements caused by their faster wear and weathering. The findings suggest that current evaporation suppression technologies may be economically unfeasible for agricultural and even domestic water supplies. The URV calculation serves as a valuable tool for comparing the cost-effectiveness of diverse yield-additive strategies.