We have investigated the electrical and optical properties of a water-solub
le porphyrin monomer and its J-aggregate both in solution and in the solid
state. Specifically, we find that water enhances the electrical conductivit
y, of both the monomer and the J-aggregate. The luminescence quantum effici
ency and spectrum are also affected quite dramatically by the presence of w
ater. The J-aggregate also shows an electrochromic effect in the presence o
f moisture. We show that the electrochromic effect arises because the J-agg
regate converts to the monomer.