It is common to describe where electrons reside as electron bands in bulk materials and electron orbitals in molecules. For the sake of expedience the following description will be described in molecular terms. When a photon excites a molecule, an electron in a ground state orbital can be excited to a higher energy orbital. This excited state leaves a vacancy in a ground state orbital that can be filled by an electron donor. It produces an electron in a high energy orbital which can be donated to an electron acceptor. In these respects a photoexcited molecule can act as a good oxidizing agent or a good reducing agent.