The improvement of activity of electrocatalysts lies in the increment of the density of active sites or the enhancement of intrinsic activity of each active site. A common strategy to realize dual active sites is the use of bimetal compound catalysts, where each metal atom contributes one active site. In this work, a new concept is presented to realize dual active sites with tunable electron densities in monometal compound catalysts. Dual Co2+ tetrahedral (Co2+(Td)) and Co3+ octahedral (Co3+(Oh)) coordination active sites are developed and adjustable electron densities on the Co2+(Td) and Co3+(Oh) are further achieved by phosphorus incorporation (P‐Co9S8). The experimental results and density functional theory calculations show that the nonmetal P doping can systematically modulate charge density of Co2+(Td) and Co3+(Oh) in P‐Co9S8 and simultaneously improve the electrical conductivity of Co9S8, which substantially enhances oxygen evolution reaction performance of P‐Co9S8.