Resistors are essential in circuits for controlling voltage and current, allowing different components to operate effectively with the same power supply. They create voltage drops and can dissipate energy as heat, which is useful in applications like light bulbs and soldering irons. While resistors do consume energy, they are necessary for managing current flow, especially in low-resistance circuits where adjusting voltage alone is insufficient. Additionally, resistors play a crucial role in RC filter circuits, enabling the filtering of specific frequency bands in advanced applications. Understanding these functions highlights the importance of resistors in circuit design and operation.