The energy pile integrates shallow geothermal energy extraction with underground structural engineering, thereby expanding the functional applications and scope of pile foundations. Due to its widespread adoption, research on energy pile analysis theory has advanced significantly. Among existing analytical methods, the load transfer method is widely employed owing to its computational simplicity and readily obtainable parameters. However, current load transfer models for energy piles remain imperfect, primarily because their results often fail to accurately reflect real-world loading conditions. This study investigates the underlying causes of this discrepancy and proposes an iterative method to eliminate unbalanced forces at the pile head, based on the displacement coordination algorithm for energy pile load transfer. The calculated results at the pile head show an 18% reduction in error compared to previous studies. The average error compared with field test results is within 20%, with consistent trend patterns, confirming the feasibility of the proposed method. Computational results demonstrate that the proposed method effectively captures the combined effects of mechanical load and temperature variations on the bearing behavior of energy piles. It should be noted that this paper focuses specifically on improving the temperature-dependent load transfer method for energy piles. Consequently, the conventional load transfer method and results under purely mechanical loading are not discussed herein.