A cold storage facility energy transfer system has a building which includes walls, a roof, and a floor. The building defines an enclosed space, which is to be cooled. A cooling system, which includes a compressor, a condenser, and an evaporator, is provided to cool the air within the enclosed space of the building. A ground water heat transfer mechanism reduces the operating temperature of the cooling system and raises the temperature of the building floor. A heat exchange mechanism draws heat from the compressor and the condenser to reduce operating temperature of the condenser and/or compressor. The heat exchange mechanism includes a mechanism associated with an area adjacent to the building floor for maintaining that area at a temperature so that underfloor icing is prohibited. An additional objective of the system reduces the temperature of the walls and roof of the building, reducing heat loss and improving the energy efficiency of the building.