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You are just on Dreamhost PS. It means that you spent some quality time and your website made some progress. You faced some problems with the website performance and turned to support and they told you to move to Dreamhost PS. You did. Good enough. You have got cool graphs and all these bars which scare you now by showing some quality rise in the RAM and CPU usage. Here you want to customize and change things a little bit to keep the RAM usage for your server down to save some bucks every month. Some stuff relating to plugins here can apply to any other web host also.
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One of the most efficient methods to reduce the usage of bandwidth by the web server and, at the same time, increase the speed of the content delivery is to compress your web pages and, generally, all output that is returned to the clients. This article describes how to use the mod_deflate module to compress Apache’s output on-the-fly. You can make your website or blog respond faster by using this method.