A precise modeling of the capacitance of rolling element bearings is of increasing significance over the last years, e.g. in the context of bearing damage estimation in electric drives. The complexity of a steel bearing as an electrical network makes reliable validation of calculation models under realistic operating conditions nearly impossible. A way to reduce complexity in yet realistic conditions is the use of hybrid bearings with a single steel rolling element. This helps to measure only one current path through the bearing at a time and thus, gives a much clearer picture of the contact capacitance of rolling elements in and out of the load zone. The usage of different materials comes with different thermal expansion coefficients and different elasticities, which cause a significant change in load distribution. For the first time, this work considers both of these effects in calculation and validates them with corresponding experiments using single steel ball bearings.