Abstract-Quite often the primary photochemical reaction of an excited state molecule is transfer of an electron to or from another molecule in its ground state. Rates of such reactions are closely dependent on differences between ground and excited state redox potentials of the reagents. The solvent also plays an important role in stabilizing ion pairs formed by the electron transfer. This Review discusses experimental data relating rates to electrochemical energy parameters in the context of a scheme which portrays the energy and electron transactions in a unified manner. Three consequences of reaction of a singlet excited state are distinguished: (Sl) quenching without detectable products, (S2) exciplex fluorescence, (S3) transient radical ion production, and energetically necessary conditions are derived for each. Similarly, four kinds of reactions involving the triplet state are distinguished, which depend on the relation between the energy of the triplet state and that of the ion pair states: (TI) rapid quenching, (T2) slow quenching, (T3) accelerated intersystem crossing and (T4) generation by reaction between radical ions 'of like spin. The last may be followed by electrochemiluminescence. Classes of compounds for which data are available include chlorophylls, porphyrins and a few other molecules of biological interest, aromatic hydrocarbons and their derivatives, heterocyclic systems, carbonyl compounds, dyes, and complexes of Ru and U. A Table compiling median or selected values of ground and excited state electrochemical potentials of chlorophylls, some porphyrins, and a few other compounds is presented.