Sure! It is built into the phone. It's very easy:
To use the Power Control shortcut bar:
1. From the Home screen, touch and hold an empty area until the Add to Home screen menu displays.
2. Touch Android Widgets ➔ Power Control. The Power Control shortcut is added to the second panel of the Home screen.
3. Touch one of the icons on the Power Control shortcut bar to activate the application. A green bar displayed beneath the icon means the application was activated (turned on).
4. Touch one of the icons a second time to deactivate the application. The green bar is removed from beneath the icon which means the application was deactivated (turned off).