It is assumed in this paper that at the electrode—solution interface there is molecular order of the electroactive species resembling solid‐state order. Specifically, it is assumed that next to the electrode is a layer of adsorbed neutral solvent molecules which are also ligands coordinated to the ions found in the interface. The mechanism of electron transfer from the electrode to the ion or the reverse from the ion to the electrode is assumed initially to involve a transition from either the electrode or the ion to the solvent molecule. This is followed by a transition of the electron from the solvent molecule to either the ion or the electrode. The two transitions involved in the net transfer of an electron across the interface are consi...