My b2evolution Version: 1.10.x

The Host where I have my blog in has blocked it because its activity (due to visits, I assume) is consuming excesive CPU resources.

They say:

"The easiest way to prevent this from overloading the server again is to install a caching system for your site. I did some research and this plugin implaments caching for your blog engine:
http://forums.b2evolution.net/viewtopic.php?p=25724#25724 "

Question: Is is this an effective b2evo solution for that or is there a better one I could use?