from forum: http://forums.enterprisedb.com/posts/list/1689.page
if you setup the postgresql and the wrong information as follows:
The password specified was incorrect. Please enter the correct password for the postgres windows user account.
what you can do.
Here is the solution.
GO to Control Panel=> Administrative Tools=> Computer Management=> Local User and Groups and delete the postgres user from there and try installation after wards. It would be a success.