Pull the belt off and see if the alternator or the A/C compressor is binding. It's possible for the tensioner to wear out and lose it's bearing or tension. You'll have to figure that out for yourself. How old is the belt and how much time has it spent squealing (slipping and burning the rubber)? I think you need a new belt. FYI, the alternator load on the drive belt after starting is high, also if the battery's needing a charge. But the alternator and compressor pulley should spin smooth and free with the belt off.